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re: First time homebuyer with questions
Posted on 9/17/13 at 11:06 am to King of New Orleans
Posted on 9/17/13 at 11:06 am to King of New Orleans
if your going full commission then you will need at least 1 full year of full commission income to qualify for the loan. it sucks but how do they know how much money your going to make without a history of it. just to let you now i am a mortgage banker so i am not just speculating here.
1
Posted on 9/17/13 at 2:15 pm to hawkeye007
so its only 1 year of full commission? if that is really all it is, that is a lot better than 2-3 years. I can live with that. 
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