Simplified Mortgage for the Self-Employed Written By: Harry Gribnitz Carol was recently divorced and trying to buy a home for herself and her daughter. Lenders continued to say “NO” because she was self-employed and couldn’t show enough income to qualify for a mortgage. Her credit was sound and she had enough for a small down payment, but she was getting very frustrated. She had a small business she had run part-time for the last several years. Recently it had become a full-time effort and was generating an income, but lenders kept saying they needed to use a “two year average” for qualifying income. Fortunately, one of my Realtor Partners sent her to see me. We used a special “no income verifier” program to help her buy the home she needed. All we did was to verify that she had been self-employed for two years then used her “stated income” to qualify her for a mortgage!!! If you know someone who is self-employed or has difficult to verify income, please ask them to give me a call or e-mail. We specialize in helping homebuyers find the best loan program for their needs. PDF VERSION Warning: main(/home/wmmh/westmichiganmortgagehelp-www/bannerbottom03.htm): failed to open stream: No such file or directory in /home/wmmh/westmichiganmortgagehelp.com/html/pr_selfemployed.php on line 45 Fatal error: main(): Failed opening required '/home/wmmh/westmichiganmortgagehelp-www/bannerbottom03.htm' (include_path='.:/usr/share/pear') in /home/wmmh/westmichiganmortgagehelp.com/html/pr_selfemployed.php on line 45