Specialized In Jumbo Loans, Investor Loans, DSCR Loans, Non-QM Financing, Commercial Mortgages, and Tax-Informed Lending Strategies
Published By
David Ghazaryan
Owner / Broker / Banker
Contact Me At
(702) 766-3744
NMLS 1486726
Grossing-up is an adjustment lenders make to your non-taxable income on paper, increasing its value to better reflect your true purchasing power for loan qualification.
This strategy is particularly beneficial for individuals receiving funds like Social Security Disability, certain pensions, or other tax-exempt payments.
By correctly applying this rule, you can significantly lower your debt-to-income ratio, which can help you qualify for a larger home loan.
Read the full blog article here: https://www.iqratemortgages.com/blog/gross-up-disability-income-in-california-for-a-larger-loan
Lenders see your money differently if it is not taxed. As David Ghazaryan, I adjust your income for lenders' math. Tax-free money is multiplied by 1.25 to match taxed earnings. This math makes your debt look smaller next to income. This change can be the difference between denial and approval. My analysis continues on my site. Find links in description.
Read Blog Here: https://www.iqratemortgages.com/blog/gross-up-disability-income-in-california-for-a-larger-loan
