Mortgage Lending
#16
Just Joined
Thread Starter
Joined: May 2015
Posts: 19
Re: Mortgage Lending
If you do that, and can prove the income (mortgage underwriters like to see the income in your tax return), then it doesn't necessarily impinge on your ability to borrow in the US because you can include the rent in your income when calculating how much you can borrow.
That said there are other peculiar limitations in the US on how many "conventional" mortgage loans you can have. Most lenders won't allow you to have more than four mortgage loans, and there is a regulatory cap at ten mortgage loans.
That said there are other peculiar limitations in the US on how many "conventional" mortgage loans you can have. Most lenders won't allow you to have more than four mortgage loans, and there is a regulatory cap at ten mortgage loans.