SELF EMPLOYED? BUYING A NEW HOME IN 2023? THINGS TO KNOW.

We are ending 2022 and beginning 2023.  If you are self-employed and thinking of buying a home in 2023, here are some things to know when you meet with your accountant, review your gross income from your 1099’s, and give them a basket full of your expenses.  I know you want to owe IRS as little as possible, but remember that your net income after your expenses will be the income the lender will use to qualify you for a mortgage.

Call Debbie at Debbie Cooley Mortgage and find out what income you need to show on your tax return to qualify for your new home.  I can review your tax returns before they are filed, and I can work with your accountant to also let them know what income is needed.

As a self-employed individual, you need to know about all your lending options including Non-QM. You also need to know the pros and cons of each of your loan options. I will ask you about your personal circumstances and match your needs to the best loan terms.

Call Debbie at 727-688-2851 for a free Pre-qualification.