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Self Employed Mortages
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<blockquote data-quote="jccarter1" data-source="post: 661633" data-attributes="member: 3970"><p>I was told by a mortgage broker that the national lenders (aka the ones that have the lowest rates and the ones who will buy and sell your mortgage) only use taxable income as financial proof bc mortgages get bought and sold so much they have to have a common way to show that it is a strong loan. But if there is ways around this I really would be interested bc I could show more loss on the farm and business if that was the case and still feel good about credit line</p></blockquote><p></p>
[QUOTE="jccarter1, post: 661633, member: 3970"] I was told by a mortgage broker that the national lenders (aka the ones that have the lowest rates and the ones who will buy and sell your mortgage) only use taxable income as financial proof bc mortgages get bought and sold so much they have to have a common way to show that it is a strong loan. But if there is ways around this I really would be interested bc I could show more loss on the farm and business if that was the case and still feel good about credit line [/QUOTE]
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