Category: Self Employed

Tax filing and loan qualifying for self-employed borrowers

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by Ben Hoadley

Tax filing and loan qualifying for self-employed borrowers

Tax filing and loan qualifying for self-employed borrowers This is the ideal time of year for self-employed borrowers to enlist a mortgage broker’s help with tax returns—not as a tax preparer, but because a broker can suggest income strategies that will make obtaining a mortgage easier if they wish to purchase or refinance in the […]

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Income qualifying for mortgage financing: self-employed borrowers

Posted on
by Ben Hoadley

Income qualifying for mortgage financing: self-employed borrowers

Income qualifying for mortgage financing: self-employed borrowers In the previous two columns, Mark Wells at Preferred Financial Services addressed qualifying income issues for borrowers who are salaried or hourly workers. Today, he looks at the rules for self-employed borrowers, which are quite different. I am self-employed and I made $100,000 last year. Is that my […]

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