How to Get Approved for a Mortgage: If You’re Self-employed

Helpful Tips If You’re Self-Employed and Looking to Get a Mortgage….

Securing a mortgage when you’re self-employed can be like navigating a maze of income documentation and proving financial stability amidst fluctuating earnings. 📈💰🏠

Here are a few tips to you navigate the maze:

1. Have Stable or Increasing Income
   
   
2. Have Consistent Work
   
   
3. Have Good Credit
   
   
4. Have a Low Debt-to-Income Ratio
   
   
5. Have Cash Reserves
   
   
6. Be Able to Provide a Significant Downpayment

If you are ready to make a move, but are self-employed – have no fear! The Pontikas Team has relationships with some of the valley’s best local lenders who can help you navigate the mortgage maze.

Let’s connect today to get you started!