Monday, April 16, 2012

If You Pay Rent You Must Do This...


Good Morning!
If you are currently renting, and you think you might want to purchase a house in the future you need to make sure of one thing...When you apply for a mortgage (especially fha) they will want you to be able to prove you paid the rent.

If you rent from an apartment complex it's a bit easier to do. We can just get them to fill out a verification of rent form.

However, if you rent from an individual - you must PROVE you paid the rent.

That means we will want to see cancelled rent checks. ...If you pay your rent with cash - DON'T! 

Start writing checks for rent!

If you pay with money orders then put your paycheck in a bank account, then every month draw out the money for the money order - and keep the money order receipts!

...but the best is to write checks for rent!


 

Thanks for reading, and have a great day!

 

Brett

To see if you qualify for a mortgage right now - CLICK HERE  and fill out this simple application.

 

To sign up for my weekly mortgage quick tips - CLICK HERE.

To download this report "4 Easy Ways To Get Someone Else To Pay Your Closing Costs!" - CLICK HERE.

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