Rental Income

Overview

Rental income can be used to support qualification across multiple Non-QM programs.

Eligibility

• Rental Income Calculation: 75% of Gross Rents

• Applicable Programs:

  • Bank Statement (12 or 24 months, business or personal)

  • P&L Only

  • 1099 Reduced Doc

  • Asset Depletion

  • Asset Utilization

• Additional guidelines may apply. Contact AE for more information