Self Employed and Seeking a Mortgage? How to Ensure That Your Lender Knows You’re Able to Pay

The path to home ownership can be a bit more difficult if you’re self-employed. Here are some great tips from the Florida Mortgage Panhandle Blog. If you’d like help navigating the process, just give me a call!

Jim Zachar, Realtor | Licensed in the State of Iowa | Coldwell Banker Hedges Realty | 5408 Blairs Forest Way NE, Cedar Rapids, IA 52402 | Jim@SoldByJZ.com | 319.389.0008

Florida Panhandle Mortgage Blog

Self Employed and Seeking a Mortgage? How to Ensure That Your Lender Knows You're Able to PayWhether you’re a freelance web designer who spends their days working from a coffee shop or a small-business entrepreneur with a team of staff, if you’re a self-employed individual and you’re thinking about buying a new house you may face some difficulty getting approved for a mortgage.

In today’s blog post we’ll share how you can provide paperwork and other evidence to show your mortgage lender that you’re a quality applicant who has the ability to make their payments.

Have Your Accountant Prep Your Paperwork

As a general rule of thumb, if you’re in business you should invest in the services of an accountant to handle your tax preparation and other financial matters so that you don’t miss anything important.

If you have an accountant, let them know that you’re applying for a mortgage and ask them to create a package that includes your business financials as well as your…

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