Home Trust is a great lender for many of your owner occupied and rental property financing options. If your friend has a "unique" financing situation and is subjected to a higher interest rate etc, then he is most likely on the "B side" of Home Trust's product line. Alternative financing...

There are lender's that will use 80%-100% of your rental income but keep in mind the following. If you are using your rental property as a "boarding house", not as it's single or double family intended use, some lenders will not finance your property or use the multiple rents. For instance...

This depends on your ability to show your down payment Meggie. If you have your down payment already and your mortgage professional forwards these documents with your mortgage commitment you will not have to update the documents as that particular "condition" of your financing approval has been...