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Updated over 4 years ago on . Most recent reply

Richard Compian's profile image
Richard Compian's profile image
Richard Compian
  • Rental Property Investor
  • from Chicago
  • Member since Dec 14, 2017

User Stats

12
Posts
9
Votes
Richard Compian's profile image
Richard Compian's profile image
Richard Compian
  • Rental Property Investor
  • from Chicago
  • Member since Dec 14, 2017
Richard Compian
  • Rental Property Investor
  • Chicago
9
Votes |
12
Posts
Mortgage Brokers & Lenders

Applying for first mortgage, question?

Richard Compian
  • Rental Property Investor
  • Chicago
Posted

Hi!

I have been working in the same field for the last 4 years on 1099. In 2020 i incorporated my S corp. 

My question is: From a lenders view, seeing partial income now from a new S corp and 1099 still make me credit worthy or would they want to see the S corp mature for a few years?

Thanks!

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