Archive For April 27, 2016

Mortgage Update: Offset Your Home Loan With Rental Income

Mortgage Update: Offset Your Home Loan With Rental Income

Good news for homeowners who are underwater on their current home and unable to easily sell!  New conventional mortgage guidelines now allow borrowers to more easily rent (not sell) their current home and use the rental income to offset their new home loan.  Under these new rules, borrowers may count 75% of the rent from…

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