How to Rock Cannabis Income on a Mortgage Application

Mortgage and Lending with US Bank NMLS: 22343

How to Rock Cannabis Income on a Mortgage Application



Fifty years ago, when the Doobie Brothers were flying high and the folks in China Grove were rising for another day, it would have been hard to imagine that marijuana would eventually be legal in some states.  But, not legal in all states and not legal at the Federal level and that means those who work in the marijuana and cannabis industries can see their mortgage opportunities go up in smoke if not aligned with a lender who knows which programs and investors can navigate this relatively new industry.


So let's take it to the streets and find out just how a homebuyer or homeowner can get a mortgage approval if they are employed in a cannabis business and get income from a business in the cannabis space.



Need some solid advice about mortgages and marijuana and cannabis income?  Give me a like or subscribe on YouTube!



Listen to the music,



Rob Spinosa
SVP of Mortgage Lending

Guaranteed Rate
NMLS: 22343 
Cell/Text: 415-367-5959


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Comments (6)

Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Very nice video Rob Spinosa 

This tells one just how far the legal Cannabis industry has come in recent years AND how far it has to go to be fully evolved. You've hit upon a new niche. I'll be subscribing to your channel

Apr 07, 2022 09:40 AM
Rob Spinosa

Thank you, Doug Dawes!

Apr 08, 2022 07:31 AM
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Yes, it has been legitimized in many areas, including our state. We don't imbibe, but do know many folks who enjoy having access to it. 

Apr 09, 2022 07:16 AM
Rob Spinosa

Same here regarding individual use, but no denying the economic impact of a "growing" industry. At first, it seemed fringe to encounter those working in the cannabis industry, but now it happens with some frequency.

Apr 09, 2022 07:43 AM
Sam Black

That's pretty informative, thanks for the video! I've been thinking of getting into this field for a while, and I can tell you that after I took a look at this article, I understood that it would be easier than I thought, so who knows, maybe eventually, I'll decide to get into it. I just need to learn more about it.

Oct 12, 2022 02:12 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and enjoy your day!

Oct 25, 2022 07:45 AM
Gaston Archibald

That's pretty interesting, and besides just unlimited access to cannabis, mortgage bonuses sound great. But I don't think it's actually worth all the difficulties of running such a business. For me, it's pretty easy to order cannabis from GetGreen weed online, and it's not even that expensive, so I don't think that even cannabis income would attract me to get into something like that.

May 16, 2023 09:28 AM
Alisha Polly
lina - Almyra, AR

I think you can here buy marijuana plants for you and it will also be very high quality.  There's a menu of indoor quality clones and juveniles that you'll be fascinated with. You can also order delivery from them anywhere in California. 

May 18, 2023 08:13 AM