fraud: One downside of self-employment - 09/25/08 12:13 PM
I love, love, love being self employed.  One of the biggest perks is being able to write off as much as possible through my business.  Between my husband and I we own four businesses.  Lets face it we write off a ton of expenses.  Its great!
Professionally however I am aware of the dangers inherent in "writing off everything".  So often it becomes a literal nightmare trying to qualify a self employed borrower.  Even self employed borrowers who make a lot of money can have difficulty proving their income.  It can be so frustrating and time consuming for everyone involved.
The … (9 comments)

 

Colleen Couture

Douglas, MA

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Clear to Close, Inc.

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Colleen's thoughts regarding processing, underwriting, and originated mortgages in today's competitive market.


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