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Updated over 9 years ago on . Most recent reply

User Stats

42
Posts
13
Votes
Matthew Spiers
  • Rental Property Investor
  • Vero Beach, FL
13
Votes |
42
Posts

Lending Help - First Time Homebuyer

Matthew Spiers
  • Rental Property Investor
  • Vero Beach, FL
Posted
Hey guys this is my first time posting. I'm basically looking for financing to buy my first SFH here in Southwest Florida. Essentially, I've been pre-approved by several lenders until they find out one thing, then the $200k I was pre-approved for drops to $60k. I work for Enterprise and my pay structure is that I'm guaranteed 48 hrs per week and make at least $39,000/yr. this is where I've gotten the $200k pre-approvals. However, it's broken down on my paystub as 40 hrs of normal work and 8 hrs of overtime each week. Although it's overtime on the paystub, like I said I'm guaranteed 48+ hrs per week. Nonetheless, there are literally no homes around here available at $130k, so I was hoping someone could offer me some mortgage lenders that would understand my "overtime" isn't really overtime?

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