They are identical to somebody buying their second or third home. Lenders look at the strength of your overall credit history. They also look careful at your debt obligations in relation to your income and how responsible you have been with your established credit.
Hope this helps.
Don Groff | REALTORÂ® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | firstname.lastname@example.org
websites: www.AustinListed.com | www.360LendingGroup.com... more