UPDATE: Guidelines have changed quite a bit since the writing of this post. Please contact me for current information based on your personal scenario.
From my email bag:
My husband and I are in the process of looking for a lender we are negotiating an offer at this time. We are both paid with W2-s and fear that we will be asked for our tax returns since we have plenty of write-offs as we are in sales. In this case, will the lender look at our adjusted income on our tax forms instead of the yearly salary?
