Great Community Authority Forums | Jordan | Activity https://gcaforums.com/members/thenonqmguy/activity/ Activity feed for Jordan. Tue, 12 May 2026 18:56:55 +0000 https://buddypress.org/?v=2.21.1 en-US 30 hourly 2 0051a7634ccf482f11225d78a412aa34 Jordan replied to the discussion Why Do Mortgage Lenders Ask Borrowers For a CPA Letter in the forum Income https://gcaforums.com/topic/why-do-mortgage-lenders-ask-borrowers-for-a-cpa-letter/#post-10253 Thu, 15 Feb 2024 01:41:31 +0000 Reply to Why Do Mortgage Lenders Ask Borrowers For a CPA Letter

Hi Susan,

All business’ operate at a cost of the total income. This is known as the expense factor. Whether the expenses are labor, rent, materials or all of the above; business always have a cost. There is usually a standard percentage used by the lender if no CPA letter is submitted (40%-60% in my experience, depending on biz type). But not…

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