New Guidelines for Self-Employed Borrowers

Self-employed borrowers have faced several challenges when applying for home loans due to their unique income portfolios. However, recently added programs have given lenders more options to qualify self-employed borrowers for financing.

Self-employed borrowers can now qualify based solely on their business bank statements or just one-year of tax returns. Additionally, there are advantages to using fewer deductions to qualify. Combined with today’s low interest rates, many self-employed borrowers are discovering that they often qualify for more than they think!

San Diego Funding is available to assist self-employed borrowers to find the best loan to meet their real estate goals. Contact us today to schedule an appointment. We would love to help you celebrate the holidays in a new home or refinance your existing loan to put some extra cash in your pocket.

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