If you’re self-employed and thinking about buying or refinancing a home in Washington State, you’ve probably heard something like: “It’s really hard to get a mortgage when you work for yourself.” That’s partly true — but it’s not the whole story.
The reality is that self-employed borrowers have more mortgage options today than ever before. The key is understanding how different loan programs view your income, and finding the one that best fits how your finances actually look on paper.
Here’s a clear breakdown of what to expect. [Read more…]
Bank Statement Loans for Self-Employed Borrowers
