Secure a Self-Employed Loan With Our Help
I SPECIALIZE IN SELF EMPLOYED BORROWERS
I’m dedicated to guiding you throughout your self-employed loan application. I have the expertise to help you choose the loan that suits your needs. With so many options available, a phone call is the easiest way to answer your questions.
Click the link below or give me a call.
What is a Self-Employed Loan?
Lenders define “self-employed” as a borrower who has an ownership interest of 25% or more in a business, or one who is not a W-2 employee. However, there are exceptions to the two-year rule. ... If you've been self-employed for less than one year, you're not likely to qualify for a home loan.
Utilizing adjusted net income from your taxes is the easiest way to qualify. Bank statement loans utilizing 50% of deposits is the 2nd easiest way. With a variety of programs including Debt Service Coverage Ratio loans, down payment, reserves and credit worthiness might be the answer. Call me today to discuss your unique situation.
Things To Keep in Mind
Use Your Quality Financial History To Secure a Loan
Since lenders will not be looking at pay stubs and W2s, they might look into other points of interest. These may include having two years of experience in self-employment or a good debt-to-income ratio when it comes to your personal finances.
Self-Employed Loan Process
Why Apply for a Self-Employed Loan?
Self Employed Loans allow you to purchase or refinance your home on your own terms. You can get over the hurdles of qualifying for a traditional mortgage with this loan.
