Tax season can be stressful — especially when you’re self-employed and thinking about buying a home. The way you report income can make a big difference in your mortgage approval.

At Bluegrey Mortgage, we help entrepreneurs, freelancers, and small business owners understand how tax planning affects loan qualification.

🧾 Why Taxes Matter in Mortgages

When you apply for a mortgage, lenders review your adjusted gross income (AGI) — not your gross business revenue. That means every deduction you take lowers the income lenders use to qualify you.

If you’re planning to buy a home soon, it may be smart to:

• Reduce excessive write-offs in the year before applying.
• Avoid filing early if you want to update your return to reflect stronger income.
• Keep detailed records in case underwriters need clarification on business expenses.

🧠 Pro Tip

Talk with your CPA before filing taxes if homeownership is on the horizon. They can help you balance your tax savings with the income level lenders need to see.

At Bluegrey Mortgage, we’ll work alongside your tax professional to create a clear picture of your financial strength — not just what’s on paper.

Ready to plan ahead? Let’s review your scenario and map out a timeline that works for you.