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Updated almost 4 years ago on . Most recent reply

User Stats

62
Posts
23
Votes
Todd Fullerlove
  • Investor
  • Oklahoma
23
Votes |
62
Posts

Using rental income for loan approval

Todd Fullerlove
  • Investor
  • Oklahoma
Posted

Hello BP Friends,

When getting prequalified for a mortage to buy a duplex or any 2-4 unit. I hear that lenders can use the rental income you WOULD be bringing in once you purchase it towards your debt to income. Any truths to this ? If so which lenders do this in Texas?

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