Mortgages for Doctors: Expanded LTVs and Large Loan Amounts
After all, you might move up to an even larger home once you’re more established, you could relocate to a different city for a new position, or perhaps you’ll just be able to pay down a large chunk of your mortgage balance early, making the type of loan less significant.
How to Get Tax Relief for Unfiled Back Taxes, Audits, Liens and Garnishments
Are you a US citizen living and working abroad? Or, are you a foreign national living and working in the US? If you struggle to understand your tax obligations, you are not alone. If these issues have become too demanding, contact Ellyn Tanenberg, Tax Attorney & CPA. In the course of her career, Ellyn has represented clients from 33 countries across six continents with a variety of tax concerns, including unfiled US tax returns and preparation of foreign banking and financial asset reports (FBARs and Form 8938).
– The Mortgage Qualification Process – The Home Loan Submission Process – Keys to Qualifying for a Mortgage – Use Common Sense and Think Like the Lender – What You Need to Qualify for a Mortgage
What is a CPA Letter for Verification of Self Employment?
Prior to issuing any letters, tax preparers and CPAs must consider the scope of their relationship with the borrower. Only affirm factual information and do not provide any forward looking statements, projections, or opinions. It is advisable to make it clear in the letter that the CPA is not providing any assurance as to the creditworthiness of the borrower. The lender assumes has to perform its own due diligence and the letter does not create any legal relationship or obligation of the CPA.
Reed Tinsley, CPA (tablet) is a nationally recognized, healthcare accountant and business advisor to physicians and medical practices. Based in Houston, Texas, Reed leads the healthcare accounting industry delivering expert financial advice to physicians, medical groups, and other healthcare entities regarding managed care contracting, operational management, strategic planning, revenue growth strategies and physician litigation support.
This is the reaction we often get from our client’s, and it’s understandable considering the confusion
in the industry with regards to no down mortgage program. The cause of this confusion originates from the Government
of Canada’s changes to mortgage regulation, specifically OSFIs B-20 and B-21 legislation. These changes no longer
permit Cash Back no down mortgage programs - this is where the lender provides the 5% down payment as well and the mortgage
but then recoups their cost through an inflated mortgage rate. When the Cash Back for down payment ended, so to did most
of the banking industries participation in this market.
What does a CPA Lawyer do?
Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing, show more
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Though mortgage lending is not the free for all it seemed to be before the downturn in the economy you may be surprised to learn that there are still 0 down mortgage opportunities available. If you are ready to buy a home but are concerned about coming up with 10-20% of the purchase price as a down payment call us. At US Mortgage Lenders we have a number of 96.5% – 100% mortgage programs we would love to go over with you.
LearnVest, Inc. provides free financial education. The information on this site is for educational purposes only and may not be pertinent to your individual situation. Any decisions you make about money are your own. Please see a financial advisor if you want professional help with your finances. LearnVest, Inc. is owned by NM Planning, LLC, which is a subsidiary of The Northwestern Mutual Life Insurance Company, Milwaukee, WI. LearnVest, Inc. is not an investment adviser, broker-dealer or insurance company.