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Whether or not to accept based on other factors than the tax returns depends on the standard protocol followed by the bank. The bank must treat all applicants equal, and if recalculating earnings based on a tax return is part of the qualification process it should only be side stepped in rare circumstances where doing so would be to the benefit of the bank.
It is possible to get a loan based on things other than tax return. Perhaps if you had audited financials that would work too
But, whether or not to approve this individual - I would just say the bank needs to follow their protocol
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Hello, Thanks for that answer, it is what I expected pretty much. Audited financials is actually a very decent idea. so, thank you. I tried to rate your answer but it says that the expert is not finished answering me so I have to wait. However, I get an email follow up and I will rate you excellent. (these things happen on the "chat" window I noticed. Ok thanks again!
Yes, I had a feature disabled
You can go ahead and rate now...thanks so much
ok I will attempt again
and thank you have a great day