NLIC.org

Tina Said:

Can income from renting out rooms help you qualify for a larger FHA mortgage?

We Answered:

Realestateguy is correct, they will not consider this income. Keep in mind that while your friends may like you and be trustworthy now, anything could happen over the course of a 30 year loan. Don't expect that they'll be happy paying 600.00 a month for 1 bedroom each when they could have an apartment of their own for nearly that much for very long.

Find a home you can afford on your own, just in case.

Karen Said:

HELP!!I need JOB advice?

We Answered:

just like anything in life i'ts how much you put in it that decides how much get out of it. yes i am in the same line of business and right now the market is down but it does'nt stay that way so don't be discouraged i'm sure you'll do just fine.