Can’t Qualify for a Home Mortgage Because You’re Self-Employed?

Dean-Hayes

Content provided by Dean Hayes, Bay Equity Home Loans

We all know the challenges that self-employed individuals have when it comes time to qualify for a home loan. Being self-employed, you have the opportunity to write off as many expenses as you can, which helps you show a lower net income and pay less federal income taxes.

Unfortunately, that works against you when it comes time to qualify for a home loan.

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For all of your real estate needs, contact Jean Groesbeck & Assoc. LLC, Licensed under Coldwell Banker Bain, in Old Town Anacortes: (360) 941-3734 or Jean@JeanGroesbeck.com.

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