I'm working with some longtime clients on a refinance of an investment property they own. They currently live in California, and rent the home they reside in, however they do own a property up here in Oregon that they use an an investment. They've been great in providing me with their tax returns, wage statements, bank statements, etc.; they qualify for the refinance, based on all the information … (3 comments)
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Karen Burket
Valley Mortgage Grou, Conventional, FHA, VA, mortgages
You can find great local Medford, OR real estate information on Localism.com Karen Burket-Bank of Oregon Home Loans Conventional, FHA, VA, mortgages is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
"This is REALLY stupid that you need to contact my landlord".....that's what my borrower keeps telling me. He just doesn't understand the need for the underwriter to verify his monthly rental payment.
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