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Updated over 4 years ago on . Most recent reply

User Stats

27
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12
Votes
Tony Spencer
  • Carnation WA
12
Votes |
27
Posts

Vacation Rental Financing

Tony Spencer
  • Carnation WA
Posted

Is it possible to finance a vacation rental with 10% down, but go over 43% DTI? Anyway to get the future income credited to your DTI with 10% down?

Most Popular Reply

User Stats

546
Posts
270
Votes
Elise Marquette
  • Lender
  • Frisco, TX
270
Votes |
546
Posts
Elise Marquette
  • Lender
  • Frisco, TX
Replied

@Max Cohen Yes you can use it, however you usually need to show the income on two years of tax returns. Simply submitting your bookings for the upcoming future will not work.

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