if i have loss and profit statment for my busness will the bank consider my curent income for mortgage loan?

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I have been denied so far because of low income on my 08 and 09 tax returns
so far they do not consider my 2010 income

  1. Reply
    April 29, 2011 at 10:49 pm

    yes, they consider all income sources for qualifying for a loan. They will also consider any debts you have.

  2. Reply
    April 29, 2011 at 11:28 pm

    They will consider it, but they won’t accept ANY document you create as proof of income without additional evidence. Tax returns are generally excepted because few people lie to the IRS in order to pay MORE taxes.

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