How The Self Employed Get Mortgage

We understand it is difficult for self employed borrowers. With us the Self Employed Get a Mortgage.

People have told us we are the best at helping the self employed get mortgage.  They just have a harder time at the bank. We specialize in working self employed borrowers and that is what all of your loan programs are for. We strategize and offer our borrowers the best loan programs available.

Gone are the days of self-certification mortgages, which required little or no proof of income and allowed the self-employed to get a loan relatively easily. We will show you How The Self Employed Get Mortgages.

They were designed with the self-employed in mind but were abused by some in the lead-up to the financial crisis, leading to them being dubbed ‘Liar Loans’, and are no longer available. But, with no replacement, many small business owners feel left out in the cold by lenders. Just in the last few years we have offered more and more loans for the self employed. Most of these loans can be acquired by using bank statements instead of tax returns.

Nowadays, although it is not impossible for someone who is self-employed to secure a mortgage, it can certainly be a difficult process because lenders are far less willing to take what they see as a risk on those with a ‘non-standard’ income.

Many of these people earn a good living but find it hard to qualify for home loans because they are looking in the wrong place.

Just a little fact: There are almost 9 million self-employed people in the United States. This is representing about 6 percent of the non-agricultural workers, according to the U.S. Bureau of Labor Statistics.  Borrowers typically have to provide two years’ worth of tax returns, which often don’t accurately reflect the take-home pay of self-employed people.

Self Employed Get Mortgage

To find out more see our “Hot Loan Products” for rates and guidelines.