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Caroline Choi's Blog

By Caroline Choi | Broker in 90017

How Your 2013 Taxes Can Affect your Home Mortgage Application

Yes, that's right, it's tax time again, and your taxes are due.

If you're considering purchasing a home, I say it's a good idea to touch base with your lender to make sure nothing you note on your tax return will jeopardize your chance of getting a home mortgage. The manner in which you file, any changes in deductions you claim, as well as how you open or close a business entity can all affect a home mortgage application, so it's not a bad idea to check in with your lender to make sure everything's still on the up and up.

So before you finalize your loan, run it by your home lender and feel comfortable moving forward!

Happy Buying and Selling!

Caroline Choi Real Estate
Caroline Sells The City LA

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