Re:Today I asked a bank for a conventional mortgage and they...
by Dylan16807 on Tuesday April 12, 2022 @05:34PM
(#31008494)
It does say that.
>> Few variables are missing here like the mortgage amount you are asking for and the upraised value of the house.
> [numbers] But we didn't even get to that state with this lender.
> They excluded all my business income because it’s too inconsistent. Quote: “Your business income is too inconsistent. Only usable income is capital gains $14,527 + $780 rental income.”
Didn't get to house details, income was treated as $15k which is under the poverty line.
>> Few variables are missing here like the mortgage amount you are asking for and the upraised value of the house.
> [numbers] But we didn't even get to that state with this lender.
> They excluded all my business income because it’s too inconsistent. Quote: “Your business income is too inconsistent. Only usable income is capital gains $14,527 + $780 rental income.”
Didn't get to house details, income was treated as $15k which is under the poverty line.