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Updated about 4 years ago,

User Stats

66
Posts
22
Votes
Anthony Zotto
Pro Member
  • Troy, NY
22
Votes |
66
Posts

Denied From Bank, Seeking Funding

Anthony Zotto
Pro Member
  • Troy, NY
Posted

Hello BP!

I graduated college in May and currently hold a sales position. I have held this job for 5 months, and make $650 per week before taxes as a base pay. The bank I applied to said that they cannot count my commissions as income due to my short work history. My loan application was denied due to lack of work history/income. I have a 750 Credit score and was looking to purchase a single family rental for $130,000, which I have 25% down for. I was wondering if anyone could point me in the right direction as far as where I would go to seek funding ? Thanks for reading!  

  • Anthony Zotto
  • Loading replies...