Tag: mortgage
25
Dec
0066 Obtaining A Mortgage, The Rules Of Engagement (Part 1)
Today I welcome guest Kwasi Jenkins, who has 8 years experience as both a mortgage officer and loan processor. The loan processor is the person that communicates between the borrower, the mortgage officer (sales man), and the underwriter (final reviewer after all policies and regulators have been approved). This is a great interview, as it gave insights into: 1) What
24
Jun
0016 Mortgage Loans – Add Back In Depreciation
Here are some concepts to keep in mind that has major tax consequences, as well as major consequences for obtaining mortgage loans for your investment properties. Make sure when looking at your adjusted gross income, that the underwriters add back in depreciation for your total income allotment. As a real estate investor, one of the benefits is the huge tax