homebuyer tips: Self Employed? Getting a Mortgage May Be Harder Than You Think
- 06/17/10 07:13 AM
You may be living the dream of running your own business and being your own boss, but if you are looking to get a mortgage on the merits of your self-employment income, then you may have some challenges you weren’t expecting. If you are looking for a new home, here’s the score on what today’s lenders are looking for. 1. Forget about a ‘stated income’ mortgage – you are going to need tax documents, bank records and at least a two year history of business stability for a lender to even consider your application. Even if you are just branching out … (0 comments)
homebuyer tips: Personal Property Coverage
- 05/28/10 05:16 AM
If you are a current homeowner or are searching for a new home, you know that homeowners insurance is a must in order to protect your investment. However, insurance policies can be confusing and you may not understand all the components. One part is called personal property coverage , this is the part of your homeowner's insurance that covers your personal belongings - the contents in your home. Here are a few tips to make sure that you have the right coverage for your personal possessions. 1. Know what you have before you need to make a claim - a video inventory is … (0 comments)
You may be living the dream of running your own business and being your own boss, but if you are looking to get a mortgage on the merits of your self-employment income, then you may have some challenges you weren’t expecting. If you are looking for a new home, here’s the score on what today’s lenders are looking for.;)
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