Income Beyond Tax Returns
Many successful business owners and entrepreneurs discover that traditional mortgage guidelines rely heavily on tax returns.
For some borrowers, tax returns may not fully reflect their true income due to legitimate business deductions and reinvestment back into the business.
Mortgage programs such as bank statement loans, 1099 income loans, asset utilization loans, and other alternative documentation options were developed to provide additional ways for lenders to review income when evaluating a mortgage application.
Understanding how these programs work can help buyers explore potential homeownership opportunities in the Central Valley.
For more information Click Here
Rob Clark
Home Loan Consultant
Firestone Financial Group
Phone: 209-227-7745
Phone: 559-476-9279
Email: rbrtclark53@gmail.com
Website: www.robertclarkloans.com
NMLS #357788
DRE #01148307
Equal Housing Lender
This is not a commitment to lend. All loans are subject to underwriting approval. Programs subject to change.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.