Updated over 10 years ago on . Most recent reply
when can you add rental income when applying for a mortgage
When applying for a loan, when can you add your rental property income into the equation? I have heard that you have to wait a full year before a lender will accept it. Can anybody confirm or deny? Also, if it is a full year, what would happen if that tenant would move after that year? Would you have to wait another year after that?