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I'm doing research on purchasing a year-round vacation rental as my first home and long-term investment.  With a $10k down payment and 70k gross income with zero debts, can I qualify for a higher mortage on the likelihood that the steady and consistent rental revenue will pay it off?

1 REPLY

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JEdelen,

 

I have sent your question over to someone in the mortgage department. They will be able to better assist you. Thank you!