Navigating the Mortgage Process for Self-Employed Borrowers
Are you a self-employed individual dreaming of homeownership? Navigating the mortgage process as a self-employed borrower may seem complex, but Ricky Miles is here to guide you through every step. With Ricky’s expertise and experience in working with self-employed borrowers, you can confidently pursue your homeownership goals. Let’s explore some important considerations and tips for self-employed individuals on their journey to securing a mortgage.
1. Organize Your Financial Documents As a self-employed borrower, you’ll need to provide comprehensive financial documentation to demonstrate your income and financial stability. Start by organizing your tax returns, typically for the past two years, including all schedules and supporting documents. You may also need to provide profit and loss statements, bank statements, and any other documents that can verify your income and assets.