1099 Mortgage Loans vs. Conventional Home Loans?
Self-employed borrowers can improve their prospects by increasing their credit score, offering a larger down payment, or paying down debt, among other strategies.
One problem that self-employed individuals run into is that they use business expenses to reduce taxable income, which means less qualifying income for a mortgage.
Conventional loans, FHA loans, and bank statement loans are among the self-employed mortgage options.
It's also possible to take out a joint mortgage or enlist a co-signer.
Why Should You Choose Us?
We're here to make the home loan process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our simple Hard Money Rate Quote.