using assets to get a mortgage: Can You Use Assets As Qualifying Income for a Mortgage?
- 07/10/14 01:26 AM
My favorite thing about working for First Home Mortgage in Richmond, VA, is the team with whom I work. We have a dedicated staff of underwriters and product support specialists available to research ways to assist clients with their outside-of-the-box lending needs. When tough scenarios come up, this experienced team sifts through page upon page of Fannie/Freddie/HUD/investor text to find solutions–and, we are often able to find a solution when other lenders aren’t. It may surprise you, but sometimes the borrowers with the most income/assets have a trickier time qualifying for a mortgage loan. It may be because they are self-employed, their assets are tied up … (5 comments)
My favorite thing about working for First Home Mortgage in Richmond, VA, is the team with whom I work. We have a dedicated staff of underwriters and product support specialists available to research ways to assist clients with their outside-of-the-box lending needs. When tough scenarios come up, this experienced team sifts through page upon page of Fannie/Freddie/HUD/investor text to find solutions–and, we are often able to find a solution when other lenders aren’t.
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