All Posts Tagged With: "add back"
Conventional Mortgage Basics
Finding out how much you can borrow with a conventional mortgage to buy or refinance a home is both science and art. The answer will vary according to the lender you chose, underwriting standards, your financial history, the type of loan you seek, the business climate at the time you apply, and the exceptions that [...]
7Dec2009 | Peter G. Miller | 0 comments | Continued
What Is “Qualifying Income” For A Mortgage Loan?
In general, your income is all money reported to the IRS for the last two or three years as well as your income to date for the current year. There are some qualifications. For instance, it must be expected that your income will continue at or above current levels. It’s possible that your income for [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
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