Self-Employed Borrowers! When determining your income from your Schedule C, lenders will add back items such as depreciation, depletion, business use of a home, amortization and casualty losses. If you want to purchase or refinance, let’s talk first.
Related Article Title: Fannie Mae’s Top FAQs – NEW MTP™ – What is The Difference Between a Second Home and Investment Property? Written by: Lloyd Rutherford, Staff Writer FAQs published by Fannie Mae are a great way to learn a lot in a quick period of time. Read through this latest FAQ release and pick […]