Private Lending & Conventional Mortgage Advice

User Stats

105
Posts
12
Votes
Asher Anthes
  • Charlotte, NC
12
Votes |
105
Posts

Boarder income vs Rental Income

Asher Anthes
  • Charlotte, NC
Posted Aug 20 2012, 08:55

Okay, so I own one house and rent out the extra bedrooms to friends (boarder income). It seems many banks won't allow me to use my boardsers income at all on my debt to income ratio?

Are there lenders that will recognize this, and can building a boarder's income history on my tax returns help me with qualifying for loans in the furture?

Loading replies...