Mortgage Issues for the Self-Employed

Millions upon millions of us are self-employed and loving every minute of it. Well, that is until we try to apply for a mortgage. Suddenly, being self-employed is not such a good thing. Lenders seem to be completely flummoxed when it comes to evaluating us. There is one way to make lenders sit up and pay attention. You will be told you need to submit two years of tax returns. This is true, but you should submit more years. How many? As many as you have been successfully self-employed. The more years you can show, the more comfortable the lender is going to be because you probably will be sticking with the business.

Get A Free, No-Obligation Consultation with a Mortgage Professional

<< Back to Mortgage Loans