What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Best, Justin  Hey Justin, If you need to use the Short Term Rental Income to qualify, DSCR lenders will need to verify the property has been booked as an STR for the past 12 months or if you have other STR properties owned and operated in the past 12 months.

Safeguards- You will want to verify the loan was sold or will be sold to Fannie Mae, Freddie Mac or the Federal Home Loan Bank.

I have a 85% DSCR option, so we wouldn’t need to even see you income nor verify employment information.

Im a Realtor too so I just pulled in the driveway and talked directly to the owner and it took a few months but I was able to keep in contact and work out a deal.I learned A LOT about the importance of vetting any professional/contractor (and verifying any proof they provide) before they start any work.

Then verify the lender the buyer has met all their conditions.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Am I allowed to ask a tenet to verify child support payments if they put that on their lease application in CO?

Hello,I currently have a tenant that doesn't have a SSN or TIN. How would you go about doing their background check?

Tenant(s) Government Issued ID: typically, this will be a driver’s license to prove the identity of the tenant(s).