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Updated about 7 years ago,
Realtor, do I need 2 years of tax returns to qualify?
Hi everyone,
I am an agent and would like to buy my first home, (the irony, I know) I've done quite well my first year in the business, however I want to know if it is possible to qualify after only 1 year of tax returns? Again I'm commission only, but I recently heard that FreddieMac/AnnieMac changed their lending guidelines for self-employed and that 1 year could also be sufficient.
If this is true, any reccomendations lenders?
Please advise!