Whether it's working on a freelance basis or running your own business, the gig economy continues to grow its number. According to Forbes, the number of self-employed individuals is foreseen to grow at 50% by 2020 and a lot of the reasons are because of the opportunities that come with the advancement of technology. Today, the growing trend of independent work could be … [Read more...] about Can You Get A Mortgage If You’re Self-Employed?
About Justin McHood
Need-to-know: Setting First-time Home Buyers’ Expectations in the Housing Market
In recent news, home prices continue to rise as the summer season heats up. CoreLogic reports that last April indicated a price surge of 6.9% higher than last year. This is 1.6% higher than the month before that. From then, prices continue to climb higher up the ladder. Their forecast indicates an increase of 5.1% in the next 12 months. But despite the recent hike, the … [Read more...] about Need-to-know: Setting First-time Home Buyers’ Expectations in the Housing Market
Maybe This Summer Is a Good Idea for a New Home
Summer has always been the time for beaches, out-of-town excursions, nature trips and everything else in between. It's a time for escapades and memories that are worth keeping. But is it also a time to have a new home? Aspiring home buyers in the Northwest region, the few months of summer can be the best time to look into different options for their first home. The Northwest … [Read more...] about Maybe This Summer Is a Good Idea for a New Home
Dear Millennials, Getting That House You Can Call Your Home Is Now More Possible Than Before
Rejection is tough. Especially when it's something you put effort into achieving. Millennials are no strangers to this feeling. Denied mortgage applications are just as difficult. After all, isn't having a home of your own part of the American dream? Breaking down the factorsthat get a loan rejected are credit score issues, problems in property valuation and, the number … [Read more...] about Dear Millennials, Getting That House You Can Call Your Home Is Now More Possible Than Before
Can I Qualify for a Mortgage with an ITIN Number?
Contrary to popular belief, you do not need a social security number in order to secure a mortgage. You can qualify for a mortgage with an ITIN number as long as you meet the requirements for the loan. This means being able to prove that you have a solid credit history, stable employment, and US-based assets. Portfolio Lenders If you do need to apply for a mortgage without a … [Read more...] about Can I Qualify for a Mortgage with an ITIN Number?