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Updated almost 3 years ago, 01/14/2022
Using house hacking income in mortgage qualification
Hi,
I have talked to a few lenders about using income from roommates at my primary residence. So far it seems like this type of income cannot be used. Does anyone know if there are any mortgage lenders that are able to use this income without two years tax returns? Is my only option to buy my next property through a hard money lender, due to my DTI not being sufficient without my rental income from my primary residence? Any advice would be helpful.
Thank you