looking to refi but only have one year worth of taxes til January. Can I begin the loan process prior to January?

Both conventional (fannie mae/freddie mac) and government (FHA & VA) actually allow for just one year of self-employment income as long as your line of work is consistent with the line of work you were previously in. i.e. accountant previously working for a firm as a W-2 employee but decides to open their own company or become a consultant being paid 1099. If your income reported for that one year is consistent, or increasing, and is enough to support qualifying for a home loan you seek, there is no point to wait because two years opposed to just one does not improve the terms you would qualify for. Let me know if I can be of assistance.

Call me if interested in refinance

More info needed.. specifically, if you are self employed or if you work for a company.. Also, if you work for a company, then how do you get paid? Commissions, bonuses, hourly, salary, etc.. the rules are different for each scenario, so it's hard to advise.. the short answer is that you can apply now.. but it's possible you wont be able to close right away.. The best advice I can give you is to contact a mortgage banker/broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with a Banker/Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the banker/broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the big box banks. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893