Finance Questions? Ask a Financial Expert for Answers ASAP
Once again, this is a questions that can e answered only by the specific bank, you certainly have enough equity and income to meet good underwriting standards, as we discussed before ... it's just that certain lenders (especially the larger ones that have policy that's more about keeping their process streamlined than about your ability to service the debt) have their own policies that preclued that extra work of being sure you have sufficient control over the other company, etc
My gut says that if you work with a local bank, credit union or or even a regional bank with a strong presence in your local cmmunity, you'll have the best result
... and when I say "streamlined" I don't mean to refer to these VA streamlined mortgage processes, I meant the kine of internal bank paper-flow set-up that keeps that assembly line of mortgages going through the bank in as profitable way as possible ... where sometime as many as 50 people touch the file for one small part of the process, ... very bureaucratic, very profitable for the bank, ... but very inflexible and not able to handle atypical situations very well
Given the income and ratios we talked about before, I think if you get to a smaller, more hands on bank or credit union, where you walk in and talk to one VP or loan officer, you'll be fine.