No rental history can I get a mortgage?
I have been pre qualified for an FHA loan. I ahve no rental history. I have lived with my girlfriend for 9 years, but not on the lease. He takes cash or money order so we only have handwritten reciepts which I don’t think will fly.The landlord will sign the verification form, but needs to know will there be any trouble for him with the IRS for example? What does the lender do with these verification forms? DO they go to the IRS or HUD or FHA or are they just for the use of the mortgage company? So can I go for a mortgage with this sheet filled out or should we rent for a year with a rental that is a managed company . I am thinking maybe this landlord isn’t reporting all income on taxes, but I don’t want to cause problems for him or my girlfriend.