Do you have irregular income or maybe you don’t work at all, but you know that you could afford a mortgage? You probably won’t be able to qualify for a traditional mortgage if you don’t have W-2s or tax returns for a lender to confirm your income, but you may be able to get away by just using your bank statements.Looking for Current Mortgage Interest Rates? Click … [Read more...] about Is it Possible to get a Mortgage on Bank Statements Alone?
If you are a self-employed borrower, you probably think you have limited options when it comes to qualifying for a refinance loan. You probably think you are even worse off if you write off a lot of expenses on your tax returns. Lenders have to use your adjusted gross income, which can be next to nothing if you are like most business owners and write your expenses … [Read more...] about Bank Statement Refinance Loans for Self-Employed Homeowners
Today there are many more self-employed people than ever before. While it’s a great feeling to work for yourself and create your own success, it does come with its hardships. Getting a mortgage could be one of those hardships; however, it’s easier today than it sounds.The mortgage crisis seemed to cause a crackdown on those working for themselves simply because they didn’t … [Read more...] about The Secrets to Getting a Mortgage When you are Self-Employed