22 Aug 2025
By Mark Feder

Can You Use Rental Income to Qualify for a Mortgage?

Mortgage Tips
When it comes to qualifying for a mortgage, your income plays a key role in determining how much you can borrow. For many buyers, especially those interested in investment properties or who plan to rent out part of their home, the question is whether rental income can be counted toward their mortgage qualification. The good news is that in many cases, rental income can help, but there are specific rules and documentation requirements you will need to meet. Understanding How Lenders View Rental IncomeLenders want to ensure that any rental income you list is reliable and can be used to…
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07 Mar 2014
By Mark Feder

Don’t Make These Mistakes When You Want To Get A Home Loan

Uncategorized
Getting a home loan can be a challenging process, and a finicky one. Qualifying can be challenging and once a buyer gets approved, it can be surprisingly easy to derail the process. Here are some mistakes to be avoided: Not Pre-Checking Credit Once a borrower makes his application for a mortgage, his fate is largely sealed. One way to increase the chance of qualifying for a home loan is for a borrower to check his credit before applying. That way, he can address any issues before they become problems for the lender. Changing Jobs Lenders judge borrowers on their ability…
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