I have made about $10k/mo in dividends for the last 5 years and am currently testing out retiring for good or with small 1099 gigs here and there for fun. How difficult is it to get a mortgage with little to no earned income? My current house equity is about $300k and I am looking to change areas in the next year or so or perhaps buy a second smaller house and rent my current one out due to its 2.9% rate.
How difficult would it be to secure a mortgage at a comparable rate to a typical situation? I can also take out a margin loan and that can actually be more tax efficient (Not worried about MCs) but I don't love that idea as rates can rise above locked in low mortgage rates.