Your tax returns say a lot about your income. When you use your returns to verify your income for a mortgage, there is a lot more to it than just looking at your tax forms. Mortgage companies must fully evaluate your income. This often causes tax return issues that either delay your approval or eliminate […]
Is 2018 the Year of Nonqualified Mortgages (Non-QMs)?
Yes, if you based it on the projections made by scores of mortgage professionals last year. They said that the volume of non-QMs is expected to grow, backed by a strong appetite among lenders. This growth may also come from people whose credit remains an issue that kept them out traditional financing, according to reports. […]