Will a Mortgage Broker Arizona Consider My Part-Time Income?
There is not a simple answer to
this question, and it does come up often. A Mortgage
Broker Arizona may mortgage broker Arizona may count it. If the job is just a
little part-time income for extra play money and doesn't make up a large
percentage of your full-time job, it will likely not be documented. Work with
your mortgage broker Arizona until you reach an agreement that
works for you both and keep in mind that they know the industry and are going
to do what is in your best interest.
or may not consider your
part-time income when filing your Mortgage application. Essentially, it all
goes back to the lender…it is, at the end of the day, completely your decision.
Most of the time, your part-time income will not count toward the income you
put on a Mortgage application. However, if you have worked at your part-time
job for at least a few years, you plan to work there for several more, and that
job provides a significant amount of your income, your
Can my Mortgage Broker
Arizona ask me about Alimony, Child Support, or Other Payments that I Receive?
Again, you want to be honest with
your mortgage broker Arizona. Remember that they are on your side and they want
to get you the Mortgage. That being said, your broker will probably ask you
about these things when filling out the Mortgage application. However, if you
don’t want the creditor to consider these payments in your application, you
need to indicate that to your broker. Your broker will probably tell you from
the get-go that you do not need to reveal that information to them if you don’t
want it considered. Don’t put them in a sticky situation of having to lie…just
be honest about your circumstances and work closely with your mortgage
broker Arizona every
step of the way.
Dennis Dahlberg
Broker/RI/CEO/MLO
Tel: (623) 582-4444
| Fax: (888) 279-6917
NMLS 1057378 | AZMB 0923961 | MLO
1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027
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