Gambling activity and mortgage approval

[SK in CV]

I have no idea whether gambling losses would affect your ability to get good financing. I’m also not sure what “gambling …at the $40K level” means. If you’re saying you have $40K in reportable winnings and losses that exceeded those winnings by $7500, then it certainly should, depending on your other income, affect your ability to get good financing.

[briansd1]

I actually wonder about that.

Does an underwriter actually look at the tax return these days? I doubt it.

Maybe someone keys the data into a database and the program spits out an answer.

I’m thinking that only the total wages and AGI are important to underwriting.

[briansd1]

I actually wonder about that.

Does an underwriter actually look at the tax return these days? I doubt it.

Maybe someone keys the data into a database and the program spits out an answer.

I’m thinking that only the total wages and AGI are important to underwriting.

[briansd1]

I actually wonder about that.

Does an underwriter actually look at the tax return these days? I doubt it.

Maybe someone keys the data into a database and the program spits out an answer.

I’m thinking that only the total wages and AGI are important to underwriting.

[briansd1]

I actually wonder about that.

Does an underwriter actually look at the tax return these days? I doubt it.

Maybe someone keys the data into a database and the program spits out an answer.

I’m thinking that only the total wages and AGI are important to underwriting.

[briansd1]

I actually wonder about that.

Does an underwriter actually look at the tax return these days? I doubt it.

Maybe someone keys the data into a database and the program spits out an answer.

I’m thinking that only the total wages and AGI are important to underwriting.

[Author]

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