by luxretail | Jul 5, 2021 | Investors, Self Employed
When it comes to financing a home mortgage, borrowers may not always think outside the box. Conventional, FHA, VA, and USDA loans are on everyone’s radar. But not everyone fits into those boxes. Self-employed, property investors, and contractors may have good credit,...
by luxretail | Jun 9, 2021 | Home Buying, Self Employed
Trying to qualify for a conventional home mortgage loan when you are self-employed can prove challenging when it comes to all the income verification requirements. If you are among the estimated 14-million workers in the U.S. earning income from freelance, contract,...
by luxretail | Feb 5, 2021 | Home Buying, Self Employed
Working a job that pays hourly, or through contract employment, can sometimes limit your options when it comes to finding a home loan. Fortunately, today’s mortgage marketplace is evolving to meet the needs of today’s diverse workforce. When you don’t have salaried...
by luxretail | Dec 8, 2020 | Home Buying
Thinking of buying a condo? One of the factors that could affect your home financing choice is whether or not the condo is warrantable. But how do you know if a condo is warrantable or non-warrantable? Today we’ll delve into the differences between warrantable and...
by luxretail | Nov 15, 2020 | Home Buying
When applying for a conventional mortgage, your lender will want to get a complete picture of your financial qualifications. This usually includes your debt-to-income ratio, or DTI ratio. Today we’ll talk about how your DTI is calculated and how it can influence your...
