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Shane, do I Qualify for a Mortgage?

New Contributor

Re: Shane, do I Qualify for a Mortgage?

Yes.

Message 11 of 15
Super Contributor

Re: Shane, do I Qualify for a Mortgage?

You should be good to use the rental income then, no matter the distance between that home and where you are buying now.

Mortgages (FHA, VA, USDA, Fannie, Freddie, Non-Prime) since 2002, based in Irvine, CA and lending in all 50 states

Information that is needed to determine if you qualify for a mortgage

Message 12 of 15
New Contributor

Re: Shane, do I Qualify for a Mortgage?

given that i can use the rental income offset, do u think my dti is still high?

Message 13 of 15
Super Contributor

Re: Shane, do I Qualify for a Mortgage?

Based on what we discussed, and being able to use the rental income, I think you should be in good shape.

Mortgages (FHA, VA, USDA, Fannie, Freddie, Non-Prime) since 2002, based in Irvine, CA and lending in all 50 states

Information that is needed to determine if you qualify for a mortgage

Message 14 of 15
New Contributor

Re: Shane, do I Qualify for a Mortgage?

Thanks Shane!!!!!

Message 15 of 15