Thank you so much for your help with the house!! I will include this in my letter, but I just got my check for the month of June from the private practice. I took home $11,800.00. Why in the world would I stay at the hospital job for $4,100.00 per month, just to get a W2 at the end of the year? At that point, a lender would tell me I didn’t make enough to buy a house. I appreciate you helping me make sense of all of this.
I really appreciate my Realtor referring you!
It’s tricky when clients looking to obtain a mortgage give us their w2 income and move to 100% self-employed income, even when making a lot more money.
The bank that Andrea interacted with failed to ask if she previously had already claimed any self-employed income, which she had been for two and a half years. The guidelines normally want to see 2 years of self-employed income.
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
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