Blog Category: capital gains

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Qualify for a Mortgage with Capital Gains Income?

Do you know anyone that has had regular capital gains income over the last few years from the stock market? It sure has been a roller coaster ride. If you’ve hung on for the whole ride from the debacle in 2008 to the recent new highs, then maybe you have indeed had some capital gains. But have you had gains in back to back years? Have you had them for three years running? Capital gains income can be used to qualify for a mortgage if there has been a consecutive three year history of capital gains, in the three most recent year you are applying for a mortgage. Read More