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Why Is It So Hard For Many Self Employed Individuals To Qualify For A Mortgage
Here's some GREAT info from one of our partners!
Why is it so hard for many self-employed individuals to qualify?
One reason is that for loan qualifying, guidelines require the net income claimed for self-employment, not gross commissions!
There can be additional steps, but one of the key parts is to make sure your mortgage professional is comfortable reviewing tax returns and the related schedules.
This short video helps explain: Self-Employed Tips
Let us show you the “Metroplex” difference!
Sean Stephens | NMLS# 185288
Metroplex Mortgage Services, Inc. | NMLS# 185264
8622 N Himes Ave. Tampa, FL 33614
Ph: 813.935.8330 | Toll Free: 800.806.9836 x280
MPLX.org | USDALoanPro.com
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