Posted on: 01st Jul, 2011 07:10 pm
I've heard several different ways and they all are confusing. What is the most accurate way to ensure approvals?
You can contact your lender and he may be able to help you in this regard.
I doubt that a lender is going to be an awful lot of help in this circumstance. If you're using a tax advisor to consult with and/or prepare your tax returns, that's who ought to be able to suggest ways in which you can paint a better picture for your lender.
In truth, though, your Schedule E is what it is. There's no sugarcoating that can be done that's about to force a lender's hand into granting greater income than really exists. If your write-offs are legitimate and if they don't decimate the income that shows up in your net column, then qualifying will be far less difficult.
In truth, though, your Schedule E is what it is. There's no sugarcoating that can be done that's about to force a lender's hand into granting greater income than really exists. If your write-offs are legitimate and if they don't decimate the income that shows up in your net column, then qualifying will be far less difficult.
