Friday, July 11, 2014

Is it necessary to submit Schedule E to buyer's lender for them to get mortgage?

We are thinking about selling a commercial property and an interested party is trying to see if he qualifies for a mortgage and asking us to submit Schedule E to the potential lender to show rental income… Is this standard procedure for all lenders. We have supplied rental amounts.

Read more: Is it necessary to submit Schedule E to buyer's lender for them to get mortgage?