Need A Home Improvement Loan? Try a Home Based Business Residual Income Opportunity
The mortgage broker told us that residual income was what was left over after we had paid the payments on all our personal debts and the mortgage. What was hard to believe was that we did not qualify for the home improvement loan because we did not have enough residual income. It was my wife’s idea to start our own business based out of our home. We could each work on it a few evenings a week and on Saturday’s. From this our home based business residual income would be more than enough to bridge the gap we needed to qualify for the loan.