Consumers are no stranger to the present economic times we are living in right now as everything is rising, and inflation is rampant virtually everywhere. Gas prices, stock prices, housing prices, mortgage … [Read More…]
sonoma county refinancing
How to get a mortgage if your 2020 tax return was low due to covid_19
As we are entering into pandemic manageability, one of the things lenders are still looking for as it pertains to self-employment borrowers is positive income from your tax return… Both Fannie Mae … [Read More…]
How your profit and loss statement may affect your mortgage application
If you’re self-employed you need to know that lenders are going to ask for a profit and loss statement year to date. Here’s what it is and why it’s needed if you’re … [Read More…]
How Covid_19 completely changed mortgage rates
It is no surprise Covid has influenced mortgage interest rates in the last 12 months. The coronavirus and its effect on the economy in particular the financial markets have been unprecedented, to … [Read More…]
Your choices if you’re self employed and you don’t show enough income for a mortgage
Mortgage companies use your net income from your tax returns to qualify you. The excuse my accountant won’t let me do that, or I have to pay more taxes is incongruent with … [Read More…]
Why most financial experts get mortgages wrong
There’s so much financial misinformation online it’s inundating. Here are some things the experts say as it relates to housing and mortgages for you to consider when trying to get financially ahead… … [Read More…]
Borrowing a down payment to buy a home? Watch our for these two retirement accounts
One of the best things you can do to proactively position you and your family to buy a home is to borrow money from your 401K after all, it’s your money. If … [Read More…]
Why not paying your self employed tax debt may cost you a mortgage
When you’re self-employed and you’re looking to get a mortgage it’s super important that not only you file the right amount of income, but you also pay whatever debt is associated with … [Read More…]
