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Real Estate Tips
Financing Your Home >If You Are Self Employed

There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

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Real Estate Trivia
Q 
Where is the world's largest bridge located?

A 
Lake Pontchartrain Causeway at New Orleans, Louisiana is the world's largest bridge. It is almost 24 miles long.
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Nina Robinson, REALTORŪ, real estate agent and broker for Greenwich, Stamford and Norwalk, Connecticut home listings, property and land for sale

Nina Robinson
Coldwell Banker

177 West Putnam Ave.
Greenwich, CT 06830
203-273-8384
Fax: 203 -622-1228
nina.robinson@cbmoves.com: ninarobinson@BestImageAgent.com

I am your number one expert agent who loves what I do. I have been in the business with enough experience in many types of transactions. Buying and selling from cottages, to estates. Always listening to your needs for a successful outcome.My position, with the support of Coldwell Banker makes us a 'well oiled machine'. I hold ethical as well as expert advice in each transaction. Within reason, will make sure your experience is successful, pleasant, and stress free.

ABR Equal Housing ERC MLS REALTOR RELO wcr


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