Agent

Real estate tip: Net income best gauge for mortgage repayment

Do lenders consider before-tax or after-tax income?
Published on Jan 20, 2004

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by CareyBot

Lenders consider both kinds of income when processing your loan application. Before-tax income is gross income before taxes are paid. For budget purposes, however, you should always consider your after-tax income as the money you have available to pay your ...

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