Getting a Mortgage When You’re Self-Employed

The process for purchasing a home is the same whether you are self-employed or not. Mortgage lenders will review your personal finances, so what’s different? As an employee, it’s easier to verify your employment history and income. Getting a mortgage when you are self-employed may require a little more documentation from the borrower to substantiate their income and help determine how much they are able to afford.

If you work for yourself, you are already keeping financial records and well-organized documentation will help qualify for a mortgage. Let an experienced NEFCU Mortgage Loan Officer help you prepare for your next move.

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