Tag Archive for: self-employed lender guidelines

Borrowers Can’t W2/Pay Themselves To Qualify; Complexity of Loan Process

If the owner of a company pays himself $300,000 per year while the company itself is losing $300,000 per year, that owner effectively has no income. I am oversimplifying this […]Read More

Loans Just Got Tougher For the Self-Employed; Low Supply Keeping Prices Up

LOW SUPPLY/PENT UP DEMAND KEEPING PRICES UP Keith Robinson, Chief Strategy Officer of NextHome, pointed out in a post last week that there are about 30% fewer listings on the […]Read More