Do conventional commercial lenders look at your personal income?

5 Replies

"Conventional" usually means residential Agency (Fannie/Freddie/FHA/etc)

But, to answer your question, not really no. They will typically collect a "personal financial statement" to ensure you aren't broke though, and might ask for some (comparatively) light documentation to spot check it.

They are probably going to want a personal Balance Sheet, Cash Flow Statement and some bank statements

@Nicholas Lohr  Same experience for me as what Rick posted above.  They did look at my personal financials and my credit.  How much they weighed that versus the rental income, I don't know. 

Chatting with the loan officer, they did want to check there were no liens, judgments, or settling debt for less than agreed - on my credit.