Anybody who is self-employed knows just how difficult it can be to obtain home loans, especially if your income has not been flawlessly recorded. Consultants, entrepreneurs, and people whose income is commission-based can have a much harder time finding financing to buy homes.
But there are mortgage firms out there that can find you financing to help you buy your dream home or obtain mortgage refinances and second mortgages, even if your income has not been properly documented. Depending on your situation and credit history, you could even be eligible for 95% financing with certain types of mortgage and home equity products.
Home financing for the self-employed can be a great way to generate funds for small business growth, debt consolidation, and entrepreneurial investments, so be sure to have a look at what different lenders offer in terms of mortgage products and added services like consultations and growth strategies.
