do-i-need-rental-history-to-qualify-for-a-bank-statement-only-mortgage

SELF EMPLOYED MORTGAGE LENDERS QUESTIONS AND ANSWERSCategory: Bank Statementsdo-i-need-rental-history-to-qualify-for-a-bank-statement-only-mortgage
Thomas Martin Staff asked 3 years ago

Case by case you will need rental history to qualify for a bank statement only mortgage. The requirement for rental history depends on your credit, down payment and reserves. We have lenders that require rental history and others that do not with enough compensating factors.

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