• Overcoming Home Loan Challenges When Self-Employed: Your Comprehensive Guide

  • Aug 24 2024
  • Length: 11 mins
  • Podcast

Overcoming Home Loan Challenges When Self-Employed: Your Comprehensive Guide

  • Summary

  • Overcoming Home Loan Challenges When Self-Employed: Your Comprehensive Guide


    If you’re self-employed and searching for home finance, navigating the mortgage process can be stressful. Traditional lenders can take a more complicated view of self-employed applicants, which can lead to the process becoming challenging and sometimes discouraging. Let’s get into some of the common challenges self-employed individuals can face, as well as the solutions available to you that we can help you leverage, to make your home finance experience as easy and enjoyable as possible!

    Common Pain Points for Self-Employed Home Owners & BuyersDifficulty Proving Income Stability

    Does your income and cash flow fluctuate throughout the year, making it difficult to show steady income through traditional means? You’re not alone! This variability can often make financing through traditional banks and their products complicated due to their stricter policies around income verification.

    However, some banks and lenders have specific products for business owners that consider variability in income and make this process much smoother by utilising a commonsense approach in their assessment.


    Show more Show less
activate_WEBCRO358_DT_T2

What listeners say about Overcoming Home Loan Challenges When Self-Employed: Your Comprehensive Guide

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.