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Updated about 5 years ago, 10/22/2019

User Stats

16
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4
Votes
Ali Taghikhani
4
Votes |
16
Posts

US Citizen just moved to California, Trouble Securing a Mortgage

Ali Taghikhani
Posted

Hi everyone. 

Here's a little back story. I'm 29 and I just moved from Canada to Los Angeles. I'm technically self-employed as I own and operate a Tech Recruitment business. I am a dual-citizen (US and Canada), but have lived in Canada my whole life. I have strong credit in Canada (well over 750 closer to 800), but no established credit really in the United states. I'm looking at places between the 600-700k range, and willing to put down 80k USD. Even though I have US tax returns that show a good income (although it's lower than what I actually make, because as a business owner my dividends are higher than the net income I pay myself for tax reasons), because I don't have established credit here, I'm having a tough time securing the loan.

If anyone has any advice or help me get going, that would be appreciated. 

PS, as of now, I don't have any friends of family that are or can be co-signers.

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