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- Breaking a Lease to Buy a House Near Fort Carson and Colorado Springs
- Breaking a Lease to Buy a House With a VA Loan: The Seller Can Pay the Fee
- Buying a Home Before PCS: Pre-Approval on Orders, BAH, the 12-Month ETS Rule, and Closing Before You Arrive
- The Military Lending Act Explained: What the 36% Cap Covers, What It Doesn’t, and Why Your Mortgage Is Not on the List
- Military Credit Protections: Active Duty Alert vs. Credit Freeze vs. Free Monitoring, and Which to Use Before a Mortgage
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How Banks Calculate Mortgage Income for Self-Employed Borrowers — and Why Write-Offs Wreck It
How do banks calculate mortgage income for self-employed borrowers? Most use one system: your tax return. They take your net income — what is left after every write-off your accountant found — and treat that as your pay. Which means the better your tax planning, the smaller your paycheck looks. The deductions that saved you…
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Does Business Debt Count Against a Mortgage? Not If the Business Pays It
Does business debt count against a mortgage? By default, yes — and that default denies business owners every day. A lender pulls your credit and sees your name on the truck loan, the equipment loan, the line of credit you personally guaranteed. It all lands on your personal debt ratio, even though your business has…
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VA Loan With High Debt-to-Income in Colorado Springs
A high debt-to-income ratio does not have to kill your VA loan in Colorado Springs. The VA sets no hard DTI cap. The 41% number people quote is a guideline, not a wall. When your DTI runs higher, VA leans on residual income, the dollars you have left each month after your bills, plus compensating…
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Self-Employed Mortgage Requirements: The Complete Checklist by Program
Every self-employed loan program asks for different paperwork — and the same borrower can qualify for very different loan amounts depending on which one you pick. Self-employed mortgage requirements vary by program — and that’s the whole point. Conventional mortgages want two years of tax returns. Bank statement loans want 12 or 24 months of…
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Should I Pay Off My Car Before Buying a House?
Most people think a bigger down payment means a better home. That’s not always true. One simple move with your existing savings could qualify you for $100,000 more house — same monthly payment, no raise required. Almost nobody knows this strategy exists. Quick summary: Paying off a car loan before buying a home can increase…
