Conventional financing that takes into account rental income?

[Ryan Daigle]

I've had a few conversations with mortgage brokers and it seems common to NOT count the expected rental income on a property towards your DTI when looking at the loan for that property. That seems to be very limiting given that you're then 100% reliant on your earnings power to qualify you for the loan.

Is not counting the rental income standard? If not, do you have any lender referrals that are willing to count the rental income towards your income when qualifying for the loan?

Thank you!

[Darlington Agu]

In my personal experience lenders do consider expected income when determining DTI, Im using a Credit Union on my loan and as some have already stated they count 75% of projected rent. Hope this helps