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Updated over 8 years ago on . Most recent reply

Michael M.'s profile image
Michael M.'s profile image
Michael M.
  • Investor
  • from Bronx, New York
  • Member since Aug 25, 2016

User Stats

78
Posts
40
Votes
Michael M.'s profile image
Michael M.'s profile image
Michael M.
  • Investor
  • from Bronx, New York
  • Member since Aug 25, 2016
Michael M.
  • Investor
  • Bronx, NY
40
Votes |
78
Posts
Buying & Selling Real Estate

boarder income on mortgage loan

Michael M.
  • Investor
  • Bronx, NY
Posted

Hello all,

Is there any situation in which I can count boarder income for a mortgage on a second home?  I rent out 4 rooms in my home that I live in, and would love to include this on my application for a loan for my next home.  Chase said I could not include this income.  Would smaller lenders be able to do so?

Thanks

Michael

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