Can You STACK INCOME to GET APPROVED?
Updated: May 5
In today's video we show you how you can STACK INCOME to help you get approved.
Are you buying a property with another person?
We call this STACKING your income and it's a great way to help you get APPROVED on your next mortgage! 😃
But why would a person want to go this route when submitting their mortgage application??
We've highlighted THREE common ways for you to do this:
1. Buying with a Friend/Spouse - You can have up to 4 people on the mortgage with you.
2. Help from a Family Member - You can utilize your family member's income to help you qualify.
3. Join Venture - You can purchase a property with someone else, this usually occurs for many reason such as: too many properties under your name, not being income qualified, or having a downpayment but no income.
Call or email us to learn more!
How to Reach US! 📲
Call 604.398.5575 or Email us!
More Questions or READY to get started!?