Getting A Home Loan For A Leasing Property

Getting A Home Loan For A Leasing Property

We waited for five months to listen to right back through the bank which they accepted my offer on a leasing home: $85,000!

Every one of my documents ended up being finished, the examination arrived on the scene much better than anticipated, and also the bank had been also providing me personally two per cent toward shutting costs.

It appeared like the purchase procedure would definitely be a ride that is smooth until per week into escrow, whenever my large financial company called to split the headlines: The underwriter decided I happened to be “too high-risk” to finance the home loan. Continue reading Getting A Home Loan For A Leasing Property