text: is there 100% financing on a pay option arm going in as a stated income.?   yes there is such a loan program. it is credit score driven and you will need 3 months piti as reserves; minimum. the program is a 80% first option arm with your rates fixed for the first 5 years of the program. the 2nd is either a fixed 30 due in 30 or a fixed 30 due in 30 interest only. you qualify on the fully indexed rate, interest only payment.  drop me a line if interested in this product  kevin 866-562-6838 x 106 kruorock@firstratelending.com