Most frequent questions and answers
Getting a self-employed mortgage is hard for freelancers, self-employed workers, and contractors,but not impossible. As long as, your mortgage request fulfills all the requirements set forth by your private alternative mortgage firm, the chances of getting your mortgage or loan denied are minimal.
Via your Bank or Credit Union, your self-employed financing request approved is generally evaluated in terms of a good credit history, the amount of NET income you show, a healthy deposit, clear mortgage documentation, large cash reserves, low debt-to-income ratio, and for most lending firms; two years’ accounts. At Freedom Capital, we look at your self-employed mortgage request with a common-sense approach. We too at Freedom Capital are also self-employed.We truly understand your frustrations of dealing with the stringent traditional banks.
Yes! As long as you have the required equity requirement, you have a strong chance. The best way to determine whether or not, you can qualify for a self-employed mortgage loan is to call our mortgage consultant at Freedom Capital.
At Freedom Capital, we have an extensive network of lenders who are always ready to fund even the most challenging of your deals immediately. We have no specific range that we cater to when it comes to self-employed financing, from small to multi-million dollar mortgage deals, we fund all your unique financing needs.