Fico is TU 613 and EQ 660 range, SE Gross Income of 102,500.00 before decuctions, expenses etc.
When financing is looking at Income, which do they base your loan ( ability to pay) on Gross income or Net?
I have the down payment and Past 2 yrs Taxes, bank statements etc.
Thanks for any input!
From MI.
12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
Myfico 8 scores
6/12/20 TU 803 ~ EQ 814~ Ex 784
My Wallet: Cap1 3,500K ~FH 2950~Credit One 1750~Credit one #2 1250~Orchard Bank 400 ~NFCU nRewards 18,000~NFCU Cash Rewards 18,500 ~Care Credit 12000~Discover 6000~Lowes 5450~ Amex 5400.00 ~ Harvest King 8000 ~ Langley~Penfed~Service CRU~red stone cru~
UTL 17%
