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Updated almost 12 years ago,
Applying for Mortgage: 2012 income was low -- File extension to "avoid" year???
I'm looking to purchase a home with a conventional mortgage in a few months. My income for 2010 and 2011 were very good and 2013 will be my best year yet, however 2012 wasn't good at all. I'm debating whether or not to file an extension for my 2012 taxes in the hope that a prospective lender will then ask to see my 2010 and/or 2011 tax returns instead. Is this realistic, or will they ask for something else?