Using Rental Income to Qualify for a Mortgage in Idaho: What Buyers Need to Know

Owning a rental property can potentially help you qualify for another mortgage, whether you’re buying in Idaho Falls, Blackfoot, Pocatello, or elsewhere in East Idaho. But rental income isn’t always as simple as saying: “My tenant pays me $2,000 per month, so I have another $2,000 of income.” Mortgage guidelines determine how much rental income […]

Mortgage Options for Self-Employed Borrowers in Idaho

Your Bank Account May Tell a Different Story Than Your Tax Return Owning a business can be fantastic until you apply for a mortgage and discover that the tax deductions you love may reduce the income available for traditional mortgage qualification. For self-employed homebuyers in Idaho Falls, Blackfoot, Pocatello, and communities across East Idaho, this […]

Can You Buy a House With Student Loan Debt in Idaho? You May Still Qualify

Many buyers assume student loan debt automatically means homeownership has to wait. It doesn’t. Whether you’re looking to buy a home in Idaho Falls, Blackfoot, Pocatello, or elsewhere in Idaho, having student loans does not automatically prevent you from qualifying for a mortgage. When you apply for a mortgage, lenders aren’t simply looking at how […]