Does FHA insurers deny the request based on a loan that will be subject to inadvertent false statement in 2006?
My co-petitioner in error to require the wrong form of taxes in 2006. He had a small amount of 1099 income (about $ 5,000), and used in place of form 1040EZ Form 1040, allegedly to be used profitably 1099. We know now that you do not want the form 1040EZ for 1099 earnings to be used. We think that means he does not pay Medicare and social security for this part of his income. Is this something that the insurer refuses to our credit? If they make the change in its 2006 Declaration and payment of the balance? This was not done on purpose, and it has a tax file simply wrong on the form. Should we fear that we are denied the loan because of this? All we know is perfectly fine with regard to our application.