hi, looking at borrowing $1.4m (80% of LVR) soon and am self employed.
In speaking to some lenders, some are happy to to accept my 2012 + 2013 tax returns (since I don't submit my 2014 tax return to my accountant until February 2015), whereas some lenders want my 2014 tax return.
Any ideas why some lenders are happy just with 2012 + 2013 whereas some want 2013 + 2014 tax returns?
You would think there would be a standard where all lenders would want the current (ie 2014 tax return)
In speaking to some lenders, some are happy to to accept my 2012 + 2013 tax returns (since I don't submit my 2014 tax return to my accountant until February 2015), whereas some lenders want my 2014 tax return.
Any ideas why some lenders are happy just with 2012 + 2013 whereas some want 2013 + 2014 tax returns?
You would think there would be a standard where all lenders would want the current (ie 2014 tax return)