Mortgage Tips: Income Tax for Self-Employed

Income tax time is coming!!

 

- Are you self-employed?

- Are you applying for a new mortgage in the next 6-18 months?

 

I recommend consulting with a Mortgage Broker to help determine what income you need to verify on your taxes to qualify for the BEST mortgage you want to obtain. For mortgages, self-employed income GENERALLY requires a 2 year avg based on your tax documents. 

 

Mortgage Brokers offer multiple mortgage options for self-employed individuals to help find the best solution.