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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage Advicequalifying for a mortgage & traditional IRA contribution
Danny Shore's profile image
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Danny Shore
  • Member since Feb 17, 2011
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Danny Shore's profile image
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Danny Shore
  • Member since Feb 17, 2011
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Danny Shore
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Private Lending & Conventional Mortgage Advice

qualifying for a mortgage & traditional IRA contribution

Danny Shore
Posted Apr 20 2014, 00:45

how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage loan?

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