Stated Income Self Employed Loans 2022

The number one loan for self employed borrowers was our Stated Income Self Employed Loan.

These loans give the self employed borrowers the ability to buy properties that they could not have with a traditional bank. Self Employed Loan we keep our process simple. We make it much faster than traditional lenders. Make sense lending guidelines for our self employed borrowers. And we understand self employed borrowers write expenses off their tax returns.

As a small business owner you have already demonstrated a sense of entrepreneurship. You understand that success in business comes down to getting the details right. So it should be no different when it comes to choosing the right home loan.

The only real difference the Self Employed person has compared to a W2 person is it’s more difficult for a bank to understand your tax returns. The bank has a hard time figuring out  whether you can afford to meet your mortgage repayments. That why we look at the loans differently than bank.

There’s a lot to consider –

Like how to get a home loan approval and how to make your repayments with fluctuating cash flow. You might also want a line of credit mortgage instead of a simple home loan, to cover your home and business needs. As a long-term investment, owning your own home can be a solid strategy. You and your family have the security of being in your own place, and a home loan is probably the best regular ‘savings plan’ that you can have. You could benefit from capital appreciation – while your family enjoys the stability of staying in the one spot until you’re ready to sell and upgrade. Just remember the self employed person has many positive options with us.  

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