I own my biz and have not filed 2012 taxes yet. can I get a fha loan?

Too much info missing for anyone here to properly answer your question.. When was the business started?? The rules are different if your business was started in the last year, the last 2 years, or more than 2 years.. it also depends on how much income there is... keep in mind that the lender will use the same income you use with the IRS.. if you write off everything and don't show enough income after deductions to support your current debt and new mortgage payment, then you will be denied.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Do not use the local "Big" bank, or one of those 50 states internet lenders or nationwide lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. 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

Hello hdmedi_584_803Not filling for 2012 would not disqualify you from an FHA loan approval. My suggestion would be to take a full loan application and submit your income and asset documentatio to a lender to obtain a solid approval.

Yes as long as you meet the income / credit requirements in past two years there is no need for 2012 tax return at this point! You can reach me for your free consolation/no obligation conversation at 714 639 6694 with any further questions / clarification!Best Shab Kavandi

Hello hdmedi_584_803You being self-employed but not yet having filed your 2012 federal tax return would not disqualify you from an FHA loan approval. My procedure would be to take a full loan application with you submitting your income and asset documentation along with a letter from your CPA and the various financials so we could provide you with the proper approval. You can contact me and we can go over your scenario in detail. I will be pleased to help you. We are Direct Lenders, WE CLOSE LOANS! I am a Mortgage Banker that is licensed to originate loans and lend in both Arizona and California. If you or someone you know is looking for financing options, please feel free to contact me or pass along my information. 623-340-0934 Korene Clopine-Seaman NMLS # 218520 KLCSLoanTeam.com

You may be asked to supply a P/L report for 2012 to support your 2010 and 2011 income levels. I cant see how you get a loan with out it. www.HOMEMORTGAGEXPERT.com

Hello hdmedi_584_803You being self-employed but not yet having filed your 2012 federal tax return would not disqualify you from an FHA loan approval. My procedure would be to take a full loan application and submit your income and asset documentation with a letter from your CPA and various financials so we could provide your with the proper approval.You can contact me and we can go over your scenario in detail. I will be pleased to help you. We are Direct Lenders, WE CLOSE LOANS! I I am a Mortgage Banker that is licensed to originate lend in both Arizona and California. If you or someone you know is looking for financing options, please feel free to contact me or pass along my information. 623-340-0934 Korene Clopine-Seaman NMLS # 218520 KLCSLoanTeam.com

Tax reporting for 2012 is not due until April 15, 2013, or later by extension. The underwriter will use your average adjusted gross income, line 37 on form 1040, for 2010 and 2011, as your base income for qualifying, plus a P&L for 2012.

2012 returns are not required to be filed until after April 15th. I work would plenty of self employed individuals and would be happy to assist you in obtaining a mortgage.Scott Gimbel Serving Mortgage Clients for over 25 years 800-509-1064

If you are self-employed, you are required to provide two-years of tax returns. Before April 15th, lenders can not force you to provide one as they are not yet required to be filed. After April 15th, you will need to either provide the return of provide proof that you filed an extension. www.FHA-Streamline-Refinance-MN.com