If you're one of the millions of Americans who are self-employed you may know the drill firsthand: Applying for a mortgage can be an intrusive.
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) and Congressman Tom Emmer (R-MN) introduced the Self-Employed Mortgage.
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Self-employed workers who want to apply for a mortgage should plan ahead.
Getting a mortgage when self-employed may be a little tougher due to the non- traditional income structure. Learn more about self-employed borrowers.
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According to the Urban Institute, “At all income levels, mortgage use and homeownership rates declined more for self-employed households.
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Applying for a mortgage while self-employed has a few unique challenges. We'll walk you through what it'll take to get you approved.
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