General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Underwriting and Lending Question
I got a call from my lender saying the "underwriter" won't or isn't allowing me to rent my home to a family member in order to qualify for another loan. Has anyone had a similar issue? Can the underwriter dictate who I rent to so I can qualify for another loan? I have never heard of this.
I asked if we could get a different underwriter (this is actually the 2nd underwriter as the first one quit which I just found out today).
Any comments/thoughts would be much appreciated. Thanks in advance.