Thursday, February 3, 2011

TIPS FOR REALTORS: Tax Refund as Down Payment


Right now is the perfect time to call all your clients and encourage them to use their tax refund as down payment to purchase a home! From an underwriting perspective, tax refund is an accumulated income from buyers and is perfectly acceptable to use as down payment.

Some buyers are locked in with an apartment contract for as long as 12 months, and may not be ready to buy now. They should be referred to an experience loan officer to help get them ready. Preparation is vital when comes to getting a home loan approved. Let me help your clients today!

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