license info:
DRE Broker License #01907006, Company NMLS 960826, DRE Salesperson License #01322338, NMLS 309743
We know it can be hard (and frustrating) to qualify for a mortgage on a rental property when using income taxes. That's why we have this special program for the purchase or refinance of rental properties. Here's how it works: 1) You don't put income on your application. 2) The rental income on the property is compared to the monthly payment, including property taxes and insurance, to qualify for the loan. 3) If you are buying the property and it isn't rented yet, that's okay. We can use the market rents for the property. Of course, there are a few more steps in the process but those are the main ones. Don't get caught using hard money when it can be avoided. This program has better rates and longer terms so you can make more profit. Call today to find out how we can help you! (707) 401-8080 Todd Wilson Bay Area Financial Services, Inc. Broker Peyling Yap Alternative Lending Division 423 Broadway #813 Millbrae, CA 94030 CA Department of Real Estate, Broker License #01907006, Company NMLS 960826, CA Department of Real Estate, Salesperson License #01322338, NMLS 309743 post id: 8284995784
