Video Transcript:
Your S-Corp saves you tax money with a low salary. But this smart move often backfires badly when you try to get a home loan. I’m David Ghazaryan. Lenders look for steady pay, not big random payments. I guide S-Corp owners through this specific rule system to get them approved. Lenders want to see a steady W-2 salary for two whole years. This history proves your income is real and will continue for the long run. So, you must fix your pay long before you apply for a loan. I advise my clients to plan their salary one to two years ahead. Raising your pay right before applying looks like a trick to the lender. They see it as fake income and will likely deny your entire loan. This structure is one piece of the bigger financial picture. My platforms have the full article. You can find all the links in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/s-corp-mortgage-guide-for-los-angeles-homebuyers
