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E045: How to get approved if self-employed for less than 1 year
Manage episode 354712589 series 2428571
Today we cover exactly how to get approved for a mortgage if you have been self employed for less than 1 year.
A traditional loan will not be an option if you have been self-employed less than a year.
It will be done on a no income verification loan.
The loan approval is based on credit and assets.
Available on home purchase and refinance.
You’ll need to work with a loan officer that specializes in these non-traditional types of loans.
Here we cover all of the requirements to get approved and tips to get prepared. Link to everything I covered: https://balanceprocess.com/self-employed-less-than-1-year-mortgage/
55 episodes
Manage episode 354712589 series 2428571
Today we cover exactly how to get approved for a mortgage if you have been self employed for less than 1 year.
A traditional loan will not be an option if you have been self-employed less than a year.
It will be done on a no income verification loan.
The loan approval is based on credit and assets.
Available on home purchase and refinance.
You’ll need to work with a loan officer that specializes in these non-traditional types of loans.
Here we cover all of the requirements to get approved and tips to get prepared. Link to everything I covered: https://balanceprocess.com/self-employed-less-than-1-year-mortgage/
55 episodes
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