Buying home with RSUs TC

Amazon / Mgmt kkbhzs2
Sep 7 7 Comments

looks like these banks consider RSUs while giving home loan:

Bellevue-based Evergreen Home Loans
Veterans Lending in Puyallup
1st Security Bank

https://www.seattletimes.com/business/real-estate/why-its-easier-than-ever-for-new-amazon-tech-hires-to-buy-houses-in-seattle/

what is your experience with getting home loans when major share of your TC is RSUs ?

Also does it matter how long you been employed by Amazon ?

TC 375

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TOP 7 Comments
  • Xilinx LKLA78
    Hello 2004 again
    Sep 7 0
  • Facebook nurfherder
    Check with sofi they also count rsus
    Sep 7 0
  • Amazon / Biz Dev
    Cgfj30

    Amazon Biz Dev

    PRE
    Microsoft
    Cgfj30more
    I started working at Amazon 4.5 years ago and purchased my home 1.5 years ago. Bank of America does not understand RSU but us bank did. They are extremely slow for closing. If you need to move fast consider smaller private lenders that also understand RSU such as http://www.jeffmiltenberger.com/
    Sep 7 0
  • Facebook hyper
    In the bay area banks usually want 2y worth of vests to count that.
    Sep 7 1
    • Intuit n3s9k
      You means two years old already vested RSUs, and then they’ll factor in the remaining grants?
      Sep 7
  • Amazon / Mgmt Db8db4
    Just because you could, doesn't mean you should.
    Sep 7 0
  • Apple
    ST8Pr1d3

    Apple

    PRE
    BT
    ST8Pr1d3more
    It makes sense since RSUs = money.
    Sep 7 0

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