That's great. Excellent information. They waited until we got under contract to say all of this...

Great video!! Schedule C borrowers, the good news is that if you take deductions for Depreciation, Depletion or Business Milage (Check IRS website for rate allowed for each year. Business Milage x rate= $$$) the underwriter will add those back to your qualifying income. 1040 filer's need to be aware of any 2106 form expenses which are for un-reimbursed employee expenses this will lower your qualifying income.

Thank you for this detailed explanation of tax returns- very helpful!

@Memes11435

3 жыл бұрын

Yes

Nice Job!

Can a small auto accident lawsuit ( defendant) affect the Mortgage approval , Auto Insurance company is fighting the case currently but the coverage is state minimum

Good information, Thanks!! Could we use our overseas income tax return (Germany) for the past 8 years to get loan in the USA?

Thanks companies need to ask for tax returns when they pre-qualify you..not during the loan process.

you look damn good

@offgridprosperity

6 жыл бұрын

sainyam sharma HOOOOHH JU LOOK SO GOOT HUNNAY ME INDIAN MAN VERY HORNY PLEASE SHOW BOB AND VAGENE MEME PLEEEEZ ROFL

Thank you for thr video

@Memes11435

3 жыл бұрын

Ur from

I have a question.....What would one do if all of their income is non-taxable /net income such as VA compensation (permanent disability) and social security? In this case there are no tax returns involved yet the income IS steady and unchanging. So how would an underwriter handle income made up of net income and what would they need as verification other than updated confirmation award letters?

@themortgagenerd

4 жыл бұрын

MakeWayForCJ that’s ok! We’ll get your awards letter and can use it!

@MakeWay4CJ

4 жыл бұрын

@@themortgagenerd I appreciate your response because I was concerned about that. Thank you!

@pililacantos5272

4 жыл бұрын

Thanks for your question! I'm 100% and closing on Aug14.

dang shes beautiful

Very helpful.. THNK U...from me and my 13 group of friends. Madam...Kindly assist is there any chance to remote job for India to US 🇺🇸. Regards and God bless you 🙏.

Wages is number 1

Could you please share basic underwriting