When flipping from 1099 to W-2 employee the lender isn't as concerned about the figures on your tax returns as you might think. The purpose of collecting tax returns, in this case, is to demonstrate a 2 year work history. When you flip to W-2, your new base wage/salary will be acceptable if you're on payroll full time.
If you have mortgage questions please feel free to leave a comment or shoot me an inquiry at balanceprocess...
Негізгі бет 1099 to W-2 - Does it impact my mortgage approval?
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