Tag Archives: income

Q&A: Can my wife claim she owns the house if her income goes toward the mortgage and my income goes toward everyday

Question by tumby: Can my wife claim she owns the house if her income goes toward the mortgage and my income goes toward everyday My wife and I own our home. We recently refinanced and now the mortgage is deducted … Continue reading

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I need to refinance my 2 homes, but I have a high debt to income ratio. Are there any serious lenders to help?

by spike55151 Question by angiemcp2: I need to refinance my 2 homes, but I have a high debt to income ratio. Are there any serious lenders to help? My credit score is average but not bad. I’m having a hard … Continue reading

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Q&A: Can you refinance if you only have Social Security Income?

by Jim Carson Question by micky: Can you refinance if you only have Social Security Income? I only receive Social Security income plus about $ 400,00 a month from a person I rent a room to. Will a lender count … Continue reading

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Q&A: Can a person refinance a mortgage if their only income is Social Security?

by woodleywonderworks Question by micky: Can a person refinance a mortgage if their only income is Social Security? I also receive a very small monthly retirement payment. I have savings and investments of around $ 400,000. Can I refinance a … Continue reading

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Do I need to report the equity “cash out” from mortgage refinance as income?

Question by jewel: Do I need to report the equity “cash out” from mortgage refinance as income? I do my own taxes every year, but this year I have a question. I refinanced my mortgage in the spring. Had a … Continue reading

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Q&A: I have a question about income taxes for the past 2 years and refinancing my mortgage. ?

by woodleywonderworks Question by reni768: I have a question about income taxes for the past 2 years and refinancing my mortgage. ? Me & my husband separated in the year 2006 and filed our taxes separately as well as the … Continue reading

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Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes?

Question by Fred M: Is Upfront Mortgage Insurance paid at a mortgage refinancing deductible from income taxes? I am pretty sure it is deductible when you a buying a home; just want to know if it is deductible when refinancing … Continue reading

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