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2/03/2014

Extra Mortgage Tax Deduction


Qualify for a little more loan and get an extra tax credit
 

 

Birdhouse, succulents on South Laguna Beach patio


 CAROLINE GERARDO
Mortgage loan application here:

http://eaglehomemortgage.com/carolinegerardo/

 Newport Beach CA 92660
(949)784- 9699 
On a $400000. Loan a tax credit of $ 2000 is used as
$ 166.66 deduction on your debt to income ratio.
This credit is real cash on filing your Federal Tax return
for the life of the loan AND can bring down
your debt to income ratio to qualify.
Today many loan programs won’t
allow you to go above 43%
Debt to Income Ratio (DTI )
And this amount equals about $ 38000
of higher loan amount available
to a first time home borrower.
You cannot have filed a federal tax return
in the past 3 years with
mortgage interest deduction or real
Property tax deduction


 CAROLINE GERARDO
NMLS # 324982
Newport Beach CA 92660


On a $400000. Loan a tax credit of $ 2000 is
used as $ 166.66 deduction on your debt to income ratio.
This credit is real cash on filing your
Federal Tax return for the life of the loan AND can bring down
Your debt to income ratio to qualify.

Today many loan programs won’t allow you to go above 43%
Debt to Income Ratio (DTI )

And this amount equals about $ 38000 o
f higher loan amount available to a first time home borrower.

You cannot have filed a federal  tax return in the past
3 years with mortgage interest deduction or real
Property tax deduction

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