So I'm currently in the process of selling my condo and buying a new home. I'm having some bad luck with my condo and its taking longer than usual to sell. I'm due to close on the new home in November.
The issue is that the mortgage and condo fee (roughly about $2400) is counting towards my liabilities and causing me issues with qualifying for the loan. Anyone know if I can lie and say that I have it rented out for the sake of closing on the loan without any issue? or is this alot harder than I'm making it out to be?
The issue is that the mortgage and condo fee (roughly about $2400) is counting towards my liabilities and causing me issues with qualifying for the loan. Anyone know if I can lie and say that I have it rented out for the sake of closing on the loan without any issue? or is this alot harder than I'm making it out to be?
