Self-Employed Homebuyers, I have great news to share!  When you are self-employed it can be a challenge to figure out your income when speaking to a lender.  The reason is that every self-employed person has an individual story to tell about their business and how they receive their income.  To simplify this, we now have access to a tool that makes this process easier.  Let’s talk if you are exploring buying or refinancing your home. 
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Self-Employed Homebuyers, I have great news to share!  When you are self-employed it can be a challenge to figure out your income when speaking to a lender.  The reason is that every self-employed person has an individual story to tell about their business and how they receive their income.  To simplify this, we now have access to a tool that makes this process easier.  Let’s talk if you are exploring buying or refinancing your home. 

ByBrandon Butler

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Related Real Estate Agent “Gifting” Their Commission to a Family Member. If you have a family member willing to donate their real estate commission to help you buy a home, it can be done. The key is understanding the program differences, as some will permit the commission to be used as a down payment, and other programs will only permit the gift of commission to be used toward closing costs. If this sounds like something you want to discuss, let’s talk! I’m here to help!
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Related Real Estate Agent “Gifting” Their Commission to a Family Member. If you have a family member willing to donate their real estate commission to help you buy a home, it can be done. The key is understanding the program differences, as some will permit the commission to be used as a down payment, and other programs will only permit the gift of commission to be used toward closing costs. If this sounds like something you want to discuss, let’s talk! I’m here to help!

ByBrandon Butler

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Are you Self-Employed and wondering what documentation is needed to finance a home? The answer depends on how long you have been in business, how you are paid, and the steadiness of your income. The loan approval systems evaluate the length of time you have been self-employed, how your income is trending [up, down, or steady], and how you are paid by your business. Based on these factors, the documentation needed to qualify you for a loan will be determined. If you are Self-Employed, let’s talk! I’m sure I can help you discover the path to homeownership.
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Are you Self-Employed and wondering what documentation is needed to finance a home? The answer depends on how long you have been in business, how you are paid, and the steadiness of your income. The loan approval systems evaluate the length of time you have been self-employed, how your income is trending [up, down, or steady], and how you are paid by your business. Based on these factors, the documentation needed to qualify you for a loan will be determined. If you are Self-Employed, let’s talk! I’m sure I can help you discover the path to homeownership.

ByBrandon Butler

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.