US Citizen just moved to California, Trouble Securing a Mortgage

[Ali Taghikhani]

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.

[Shaun Weekes]

Originally posted by @Ali Taghikhani:

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.

 Pm me.