How To Get A Mortgage If Self-Employed.

source: internations.org

source: internations.org

For many, the benefits of being self-employed are obvious. You get to make your own schedule and there’s no reporting to a boss. You are the boss. And, possibly the best part, there’s no salary cap. You can make as much as you want depending on your ambition. For example, Being a self employed lorry driver, you would need to look into the essential insurance that will cover you and your vehicle in. It would be beneficial to compare lorry insurance, to help find the best quotes and deals on the market. Regardless of career, it is important for everyone to do their research. In fact, self-employed borrowers report that they make 81% more than other potential borrowers and that their incomes are one the rise! Zillow just recently reported that income for self-employed borrowers is up 28% since mid-2012, while other borrowers’ incomes are down an average of 17%! So why then, do those who are self-employed find it so hard to secure a mortgage?

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