Posts Tagged ‘bank statement loan expense factor’
Maximizing Bank Statement Loan Income: The CPA Letter and the Expense Factor
For self-employed homebuyers in Colorado, the Bank Statement Loan is often the most logical path to a mortgage. Instead of relying on tax returns where heavy deductions can shrink your taxable incomele, nders evaluate your actual cash flow via 12 or 24 months of business deposits. However, there is a critical detail that many borrowers…
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