If you are self-employed, a lender will rely on the tax returns you filed to determine your qualifying income. The first part of a new year is the time frame when showing income gets a little tricky because most corporations either file taxes during the first quarter or file an extension. So, the key is working with a lender that understands what types of documentation are needed and how to avoid issues. If you are self-employed, let’s chat, and I will be happy to answer any of your questions!
