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Trouble getting a loan.
Hi everyone,
I was wondering if anybody has any advice on the following -
I have been trying to get an FHA loan to buy a house here in Los angeles. The 3% down payment is not the issue, I have had a hard time qualifying for a loan because I am
Self employed. I haven’t been able to get a co-signer as well.
I would live in this house and rent out the other rooms to cover the mortgage.
Any suggestions on how to qualify for a loan would be appreciated.