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Tag: commission income less than 2 years

Mortgage Denied Because of Employment History? We Have Solutions

Capacity, credit, collateral, and capital are considered the 4 C’s of mortgage lending.  Basically, these are the main areas lenders review to qualify a borrower.  But these 4 categories are broken down into many subsets.  This article is going to discuss the capacity to pay back the loan and more specifically discuss the role of […]
Buying a Home with Less Than 2 Years of Commission Income

It happens all the time where someone builds up the nerves to venture from an hourly or salaried position into a partial or full commission income job. If the person is good at what they do, the income potential can be much higher than a salaried job. But, then you find out it is hard to […]

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Russell Smith | Branch Manager, NMLS ID# 78989 | Licensed in NC, SC, VA

ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org) | 308 Market St SE, Roanoke, VA 24011

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