Requirements for Self-Employed Mortgage Borrowers
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If you’re a small-business owner, freelancer, consultant, contractor, gig worker or otherwise report most of your income via 1099 tax form, lenders will consider you self-employed when you apply for a mortgage.
Self-employed income will likely be considered nontraditional by mortgage lenders, which means you’ll need to provide extra documentation. You can help assure lenders that you can keep up with home loan payments by following these guidelines.
Mortgage loans from our partners
on New American Funding
on New American Funding
Mortgage loans from our partners
on New American Funding
on New American Funding