2-1 Buydowns for Self Employed Borrowers
2-1 Buydowns for Self Employed Borrowers – Have you heard about a 2-1 buydown? This mortgage solution can provide borrowers with an way to lower their mortgage interest rate temporarily, and is often ideal for self-employed borrowers. Keep reading for everything...
FAQs on Calculating Self-Employment Income for Mortgages
Frequently Asked Questions on Calculating Self-Employment Income for Mortgages by My Lender Jackie in California – home loans for self-employed Is it hard to obtain a mortgage when you are self-employed? Self-employed borrowers do face a higher level of...
10 Types of Borrowers Categorized as Self-Employed
For some mortgage borrowers, providing a monthly income calculation is not as black and white as it is for others. Those who perform freelance work, own a business, or independently contract out their work are considered as part of the “self-employed” set of borrowers...
How to Get a Home Loan Without Tax Returns
Home Loans for Self-Employed Without Tax Returns! What is a Bank Statement Loan for Self Employed Borrowers? Find Out if You Qualify for a No-Tax-Return Loan! Name Email Address SEND What is the Best Loan for Self-Employed People? Ideal for The Self-Employed There...
New Mortgage Requirements for Self-Employed Borrowers
Last month Fannie Mae and Freddie Mac both announced new standard requirements for self-employed borrowers and loan applicants. It is expected that many other lenders will adhere to these loan requirements in the near future as well. New Self-employment Mortgage...
Welcome to my Blog!
Here you’ll find tips, updates on mortgage laws and changes that can affect your loan or approval. Check back often for more great ideas.