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Financing > Self Employed Mortgage Loans
Mortgages for the Self Employed
Contact the lenders and brokers in the survey below
to learn more about their guidelines for loans for
borrowers who are self employed.
Let’s
face it; documenting your income when you are self
employed can be a tedious task. Many busy entrepreneurs
have little the time to pull together past tax returns,
letters from accountants, balance sheets and other
information that may be needed for a full documentation
loan. But now that stated
income loans have become a thing of the past,
self-employed borrowers have to be prepared to fully
document their income. Today, self employed borrowers
are typically required to furnish 1-2 years of tax
returns when obtaining a mortgage. This means that
self-employed individuals should scrutinize each deduction
as it may impact their bottom line and whether or
not they may quality for a loan.
Learn About Mortgage Products that are Popular with
Self-Employed Borrowers:
Use the rate survey on this page to call a few of
the companies to learn about their products. You can
also use the survey to visit the lenders', brokers',
and banks' web sites.
Additional Homebuyer Resources:
