You Can Get a Loan if You’re Self-Employed

Movement Mortgage’s self-employed loan program is helping lots of people. Buying a home? Click here to perform a full home search Click here to search our new construction homes.

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 Today I’m talking with Dave Marzinke from Movement Mortgage about the self-employed loan program. Because the mortgage space is expanding, a lot of our non-QM and alternativedocumentation lenders have come back strong, and interest rates are very attractive forself-employed borrowers. With this program, you can use your bank statements instead of your tax returns toqualify for a loan. We have had a lot of success with this program. It helps increase yourpurchasing power as a self-employed individual since your tax returns don’t reflect your true income from your business. We take a look at your overall deposits from your businesses to determine your qualifying income so that we can qualify you for the self-employed loan program. With as little as 10% down and no PMI, we can get you into a home with this program. However, you do need to have two years of ownership of your business.”Interest rates are very attractive for self-employed borrowers.”You can still take advantage of this program if your business is an LLC or corporationand if the property isn’t a primary residence. A benefit of that is that we can take the title of the home in the name of the business. Movement Mortgage would love to talk to you more about your specific situation. If you need more information or if you have any other questions, reach out to us by phone, text, or email. We’d loveto hear from you and help you in any way we can.