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Buying a home? Think about these mortgage lending tax strategies

Have you ever thought about how your tax planning might positively or negatively impact your next mortgage? You might be surprised to learn that aligning your tax prep with your mortgage process could benefit you in ways you didn’t think about.

Since the beginning of the year means tax preparation is top of my mind, let’s talk about how Cross Country Mortgage works with our clients on tax strategies that could really improve their options when it’s time to close on a mortgage. Regardless of when you get your taxes organized, today’s show will give you some important things to think about before you buy your next home.

Here’s what we cover in this video:

0:00 – Intro

4:20 – Why tax planning matters

5:23 – Self-employment

7:03 – Flexibility in tax law

11:02 – Alternate lending options

 

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