Mortgage and Credit Tips for Tax Season » Mortgage Masters Group

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The mortgage tax credit is in addition to the IRS home mortgage interest deduction. If you use the tax credit with a loan through OHFA’s first-time homebuyer program, you receive a tax credit of 40 percent of the home mortgage interest. The maximum annual tax credit is $2,000.

Want to take advantage of the extended and expanded homebuyer tax credit? Follow these tips. What you need to know to take advantage of the extended and expanded homebuyer tax credit. Mortgages.

Mortgage and Credit Tips for Tax Season mortgage masters group mortgage lenders News ContentsRates mortgage interest rates todayseeking tax advicepaying: mortgage ratesBenchmark note rateWeekend. mortgage masters groupLet’s take a look at what’s new this tax-filing season and provide some tips to help you start your return.

Mortgage Professionals participating in this course will learn Agency guidelines for income calculation and documentation. With guidance from an Essentials facilitator, participants will learn to interpret the cadence with which a Borrower’s income is received and also practice calculating the base, monthly, qualifying income in nine separate exercises.

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