Guys you have to be honest on your taxes. Here’s what happened to me. I am self-employed, had recently started my business and it was growing. The San Diego housing commission told me that it is very difficult for self-employed people to qualify for the first time homebuyer downpayment assistance program. It was just a 3 year old business. To make matters worse, my wife is also self-employed.
We used an awesome loan person who said that in five years she’s only had one person qualify as a self-employed borrower in the San Diego first time homebuyer downpayment assistance program. And then she said, “you know…you just might be the second one” Why? Because I have always been honest on my taxes just like I strive to be honest in everything. No other way guys, you have to be honest on your taxes.
You have to be honest on your taxes.
The San Diego housing commission looks at your tax records going back a number of years so have everything in order.
If everything is not in order and truthful go back and have those taxes corrected. Your income must show that you have less than 81% of San Diego AMI or average median income but enough to show your debt to income ratio is low. Need help understanding this? Please call me or send an email below.
I have the most quirky tax guy on the planet, but he is absolutely brilliant and is one of the big reasons we are enjoying our beautiful home right now. Call me now so I can put you in touch with him. (619) 886.1826 or shoot me an email on a couple of good times to contact you. Please remember, be honest on your taxes.