No doc loans still available?

[Mindi B.]

I would like to purchase an owner-occupied property in the near future. Problem is I am self-employed and I don't pay myself a very high salary. I keep the majority of my profit within the business to keep income tax low, but realize this makes me look like a terrible candidate for a mortgage. I can increase my salary to inflate my income but would rather not. Do lenders still offer no doc loans? If so what is the minimum down payment I would need? Any other options for the self-employed? I have an excellent FICO score. 

[Harjeet Bhatti]

There is program called  12-24 month bank statements. There are few lenders who offer this program but interest rate will be higher. They required 25%-30% down payment depend on your loan scenario.  I would say work with your documents first to see if someone has calculate right income for you.