I’m Trying to Refinance My House, What Do Lenders Look at Exactly?

refinance

I’ve been doing a lot of research and I know they look at income, credit, assets, property… But what do lenders look at exactly when I’m trying to refinance, and what is a healthy debt to income ratio? When I give them a copy of my income tax, does it matter that I have a low AGI when filing my taxes because I typically try to take as many deductions as possible when I file my taxes.

Can I Deduct the Property Taxes and Mortgage Interest When I File My Taxes in MD?

mortgage

I use Turbo Tax to file my taxes and I receive my interest statements from my bank for filing — my bank also handles paying my insurance and property taxes — In addition to deducting my mortgage insurance on my filing, can I also deduct the property taxes that were paid that year? and if so, where on my return to do I specify this deduction?