Information Is The Key For Self-Employed Borrowers Independent professionals and freelance workers lack the paperwork that lenders rely on to determine the financial condition of employed applicants. About six percent of the non-agricultural workforce is self-employed. When self-employed people want to purchase homes, they find that they live in a different financial world than the […]
Tag Archive | "self-employed mortgage"
When applying for a mortgage when self-employed, a major factor is to declare as much income as you can. It is not uncommon for the self-employed to claim as many expenses as they can against their income to reduce their taxes. However, if you are seeking a mortgage, this practice may work against you. Applying […]