Updated almost 5 years ago on . Most recent reply
What to do if taxable income is too low for fha
What do I do if my taxable income is low due to deductions on taxes as a 1040 worker? I'm trying g to get am fha 203k loan. My credit is good. I'm self employed. I messed up on my 2019 taxes because there were too many deductions and my taxable income was low. The lender I spoke with said I needed a cosigner because of it. Is this accurate? Are there any other options?