36: How to Get a Mortgage When You’re Self-Employed
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Let’s be honest — figuring out how to get a mortgage when you’re self-employed is a bit more complicated than if you had a W-2 job.
Lenders want to see that you have a steady income, but without a consistent paycheck, that becomes more difficult (even for super-high earners!)
Sydney just bought a new home and in this episode, she’s breaking down the entire process and exactly how home buying for self-employed professions is different and what you should consider if you have owning a home on your vision board within the next 1-3 years.
02:00 — The importance of proper bookkeeping and documentation
05:30 — How lenders view self-employed income differently
11:00 — Tips for improving your debt-to-income ratio
13:30 — Navigating the pre-approval process as a business owner
17:00 — Common pitfalls and hidden fees to watch out for
📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE
❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT
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✅ BOOKKEEPING CHECKLIST
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💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS
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👋 CONNECT WITH SYDNEY & KRISTEN
Website: https://knowyourworthpgh.com/
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