September 3rd, 2020 9:38 AM by Salim (Sam) Kader MLO# 130505
It's nice to be your own boss and determine your own destiny. However, there may be some disadvantages to generating your own income when it comes to applying for a home loan.
Here's what lenders are looking for approval:
Self-employed people or retirees with substantial current assets or retirement accounts may use those assets for income qualification. Do consult with us first.