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re: home loan qualifications and the self employed
Posted on 12/12/12 at 1:55 pm to gsvar2004
Posted on 12/12/12 at 1:55 pm to gsvar2004
They're going to average your income over the two year period. That is a given.
IOW, as a self employed borrower the mortgage lender will take the worst possible scenario when they calculate your income.
IOW, as a self employed borrower the mortgage lender will take the worst possible scenario when they calculate your income.
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