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DC Mortgage News Digest Mortgage Professional Newsletter
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Financing for Self-Employed
Borrowers
Most lenders avoid working with self-employed borrowers. They look at taxable income only. The files can contain complicated elements, income analysis is subjective, and the risk of hidden contingent liabilities present too great a hurdle for the average loan officer to overcome. We welcome self-employed borrowers. Even during the "no-doc" era, we were able to qualify our self-employed applicants for more competitive rates and terms using fully documented transactions. We continue this tradition to day. We have multiple strategies to assist the self-employed applicant:
We understand that Self-Employment is a wealth strategy. Most lenders look only at the risk. We combine the elements of the complete borrower to obtain approval at the most favorable terms. Self-Employment Income Qualifying Presentation Packaging The best strategy in the world is useless if the underwriter can't understand the presentation. Our expert packaging process documents every aspect of the case using tabs, memoranda, and accountants' explanations.
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Agent Outreach - Build your business through refinances - Bethesda Mortgage News - Commercial Loans - Self-Employed Home Financing Specialty - Recommended Providers of Local Services Rockville Mortgage News - Investment Property Financing - "Show and Sell" - Open House Financing Alternatives for Listings Attorneys - Serving the special needs of the legal community - Serving Accountants - Solutions for CPAs "Apply B4 U Buy" - Pre-Approval Services - Helpful tools for fast mortgage closings - Debt Management - The Key to Great Rates in the Future - Credit Cards - Merchant - Mortgage Training Calendar - Virtual In-Person Applications - High Touch, High Tech |
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