Self-employed? Your mortgage application follows the same rules as everyone else. What changes is how lenders verify your income. When you are self-employed or a business owner and you want to buy a home, you fill out the same application as everyone else. The same factors are considered: your credit score, how much debt you have, your assets, and your income. So what is different? When you work for someone else, lenders go to your employer to verify the amount and history of that income, and how likely it is you will keep earning it. When you work for yourself, there is no employer to call. Your income has to be documented another way. That is the part our Mortgage Experts walk Florida busi

Self-employed? Your mortgage application follows the same rules as everyone else. What changes is how lenders verify your income. When you are self-employed or a business owner and you want to buy a home, you fill out the same application as everyone else. The same factors are considered: your credit score, how much debt you have, your assets, and your income. So what is different? When you work for someone else, lenders go to your employer to verify the amount and history of that income, and how likely it is you will keep earning it. When you work for yourself, there is no employer to call. Your income has to be documented another way. That is the part our Mortgage Experts walk Florida business owners through, along with the Non-QM options built for borrowers whose income does not fit the standard employer check. Learn more: https://www.fidelityhomegroup.com/self-employed-mortgages/ Self-employed in Florida and thinking about buying? Call or text us at 407-955-4575. ? original sound – Fidelity Home Group® – undefined