You can expect Fidelity Home Group to request proof of the following things before considering you for a mortgage:
To start, you’ll need a history of uninterrupted self-employment income, usually for at least two years. Here’s some examples of documents we might ask for:
Self-Employment verification is proof that you’re self-employed. It could include emails or letters from the following:
Have proof of steady, reliable income and you’re one step closer to getting approved for a mortgage. Note that even if you make consistent money now, your past income will also influence your ability to get a loan.
We may ask for the following:
What happens if you’ve been self-employed for less than two years?
Great question. Ultimately, your business must be active for a minimum of 24 consecutive months and your most recent two years of employment (including non-self employment) must be verified. In this situation, we will likely do an in-depth look at your training and education to determine whether your business can continue a track record of stability.