It’s no secret that qualifying for a mortgage as a freelancer is difficult. But that doesn’t mean it’s impossible. The main challenge lies in proving your self-employed earnings to lenders, which tends to be a more complicated process than handing over your pay stubs as a regular employee.
It also doesn’t help when your income fluctuates by the month, you have little job security, and you must invest into your business throughout the year. All this to say that you can get the same mortgage rates as regular employees; you just have to work a bit harder to prove your income to lenders. Here are some tips and resources from ButlerBlog to guide you through the process:[Read more…]