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Updated over 12 years ago on . Most recent reply
Income History for Mortgage from Bank
I'm looking for financing for my first deal. I'd like to get pre-qualified before I make any offers on properties.
The problem is that I have no real income history. I'm a student with a very lucrative job lined up after I graduate, but that's not for nearly a year. My wife recently graduated and just started working full time, but was previously working part time as a student. With a brand new job, and no previous full-time history, will banks lend to us as co-borrowers?
Thanks for the insight.