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Updated over 10 years ago, 07/08/2014
When can I use rental income for a new loan?
Hi,
I have a townhome that I live in and rent additional rooms. Can I use this income as part of my income when I apply for another loan? I bought it in Augusut 2012, so the two year mark is right around the corner.
I figure I'd throw the question out on BP before going back to my orginial loan officer.
Thanks