Category: First Time Home Buyers

Can I Use my Tax Return for a Down Payment?

February 5, 2015 Marc Edelstein FHA mortgages in Michigan, First Time Home Buyers, Michigan Mortgage Banker, Michigan Mortgage Lender, Michigan Real Estate Tips, Mortgage Refinancing, Mortgage Tips, Oakland County Mortgage Banker, Wayne County Mortgage Banker 0 Comments

In my ongoing effort to help my clients understand the taxable implications of a mortgage during tax season, today I will talk about how a tax return can and cannot be used to help with a home purchase. I run into many clients who qualify for a mortgage; they have the income to sustain a […]