Qualifiying for a second home mortgage when primary home is an expensive rentalHere is our situationOur primary residence is in State A. In 9/2012 I left my job and started a business in state A.. Our goal is to move to State B, start a new business while winding down the old business, and buy a house. It was suggested to us that we apply for a second home mortgage based on the income from my first year in business. We do not have a mortgage on our primary residence and we have no debt. However, I rent payment is quite high. Will this expensive rental be an issue in qualifying for the second home mortgage? Any concerns about using a second home mortgage, and soon thereafter moving into that home as our primary residence?Any other ways we can do this?August 25 2013 - Seattle00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.