|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 619-325-4111.
|

Request My Free Relocation Package! Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate! Find Out More > View All Offers >
|

" A pleasure to work with." "He is not only knowledgable in the area of real estate, but honest, straightforward, hardworking and a pleasure to work with." Jesse Rosen Read Quote > View All Quotes >
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
Bobby Stefano is one of The Top
Selling Real Estate Experts Find Out More > |
|
|
 |
Please Sign Up For The
Latest Listings and the Latest Real Estate News
 |
Self Employed >No Problem
There is no doubt about the fact that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications from buyers who are self-employed than from those who work for a regular salary.
If you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. Before you begin your search for a house, it is a good idea to meet with an agent of your choice who will be happy to accompany you as you meet with one or more
loan officers. They will probably want to analyze your tax returns for the past 2 or 3 years. Because people who are self-employed can write off many expenses that salaried individuals cannot, it is possible that self-employed individuals may look impoverished on paper. Try to get pre-approval from the lender, and ask for a letter to that effect which the real estate agent can attach to any offer you submit on a home. This will make you look more attractive to the sellers.
|
 |
| Q |
What is the largest city square in the world?
|
| A |
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres. |
See More Real Estate Trivia > |
|
|
|
|