HousingSep 7, 2019
Amazonkkbhzs2

Buying home with RSUs TC

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

Why it's easier than ever for new Amazon tech hires to buy houses in Seattle
Why it's easier than ever for new Amazon tech hires to buy houses in Seattle
The Seattle Times
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Facebook hyper Sep 7, 2019

In the bay area banks usually want 2y worth of vests to count that.

Intuit n3s9k Sep 7, 2019

You means two years old already vested RSUs, and then they’ll factor in the remaining grants?

Xilinx LKLA78 Sep 7, 2019

Hello 2004 again

Apple ST8Pr1d3 Sep 7, 2019

It makes sense since RSUs = money.

Amazon Cgfj30 Sep 7, 2019

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/

Facebook nurfherder Sep 7, 2019

Check with sofi they also count rsus

Amazon Db8db4 Sep 7, 2019

Just because you could, doesn't mean you should.