Self Employed Mortgages
Self Employed
People become self-employed for various reasons. It could be to grow a thriving local business or a lifestyle company to allow you more time with the family. Whatever the reason or however you have decided to set your company up it could ultimately lead to lenders asking a vast array of underwriting questions which in turn makes the self-employed feel as if obtaining mortgage finance is difficult.
Lenders like lending to people they consider to be at a low risk of defaulting on their monthly payments. If you’re self-employed, lenders will want to see proof of a steady income over time.