How to Get a Mortgage When You’re Self-Employed
Before the mortgage crisis and credit crunch of 2008, it was very easy to obtain a mortgage, even if you were an entrepreneur or self-employed. In many cases, self-employed individuals could obtain a mortgage without the requirement of proving their income using tax returns, financial statements, and bank statements. Instead, the mortgage lender/banker would just take the "word" of the entrepreneur on what their revenues or profits were. Of course, without checks and balances in place, individuals were able to… Read More