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Updated over 3 years ago,
Travel Nurse Issues Qualifying for Mortgage
Hi Everybody,
We have found a stellar deal in Ohio. Great CoC, great location, multi family, and a value add opportunity. The ideal property in our eyes but we are having troubles getting qualified for mortgages because we are Travel Nurses. We are making much much more than when we were full time staff but due to "variable income" we are having troubles getting approved for mortgages through banks. A majority of our income comes from per diems for hosting and food.
Any ideas of national lenders/private money lenders that could help with our situation?
Is there any way to make the "variable income" non variable from an underwriters perspective?
Thanks for any and all help!