Specialized In Jumbo Loans, Investor Loans, DSCR Loans, Non-QM Financing, Commercial Mortgages, and Tax-Informed Lending Strategies
Published By
David Ghazaryan
Owner / Broker / Banker
Contact Me At
(702) 766-3744
NMLS 1486726
Overcome the Income Gap: Standard mortgage lenders often ignore unvested Restricted Stock Units (RSUs) because they are considered potential, not guaranteed, income. This can create a significant gap between your total compensation and the income you can use to qualify for a loan.
Find a Specialized Solution: In tech-heavy areas like Silicon Valley, certain lenders offer specialized jumbo loan programs. These are typically portfolio loans with flexible underwriting rules that can count future vesting RSU income towards your qualification, boosting your purchasing power.
Prepare Your Documentation: To get approved, you must provide comprehensive proof of your RSU income's stability. Key documents include official grant agreements, a detailed forward-looking vesting schedule, tax returns showing a history of RSU income, and a detailed verification of employment letter from your HR department.
Read the full blog article here: https://www.iqratemortgages.com/blog/using-unvested-rsus-for-a-san-jose-jumbo-loan-3b09f
Most lenders say your unvested stock income is not real. I am David Ghazaryan. We use that stock as income. We confirm your future shares, then apply a safety discount. This calculation dramatically increases what home you can actually afford. It works for income, but you cannot use it for cash. I continue this analysis on my platforms. Links are down below.
Read Blog Here: https://www.iqratemortgages.com/blog/using-unvested-rsus-for-a-san-jose-jumbo-loan-3b09f
