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Old 07-03-2008, 01:35 PM
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Default when applying for a mortgage can you add the...
...rent of a person you will rent to as income on the application?
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Old 07-08-2008, 05:04 PM
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Default Re: when applying for a mortgage can you add the...
depends....is the home a single family home or is it a duplex? Most loan programs will not allow you to use room rent as your qualifying income on a single family home loan. If it is a duplex and you plan to rent it out you can use that for qualifying income.
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