Expert, localized Los Angeles answers provided by Heather Roy

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Paid Under the Table

  WHAT IF YOU HAD PERFECT CREDIT ,BUT YOU GOT PAID UNDER THE TABLE? YOU COULD PROVE THAT YOU WORKED BY ASKING THE BOSS. IS IT POSSIBLE TO PUT A HOME IN YOUR NAME? IF YOU DONT RECEIVE A WT FORM.
 
  Lenders will want to see your past income tax returns and pay stubs, and especially in today's tight mortgage market, I don't think they'd take anybody's word for your income, not even your boss's.  And a boss who's paying you under the table probably doesn't want to sign any documents saying so anyhow.  I'm afraid you'll have to save up and buy for cash.  Or perhaps you'll find a seller who's willing to take back a mortgage as part of the purchase price.
    Edith
Originally published on July 29, 2008
 
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