4 Tips for Getting a Mortgage When you’re self employed

 

 

 

 

TIP 2. Provide a Solid Outline of What Your Business Does

 

It’s important for the bank to understand how your business operates and how you earn your revenue.  They need to have comfort in knowing that you have a viable business and that you are an eligible lender and have the skills to run a profitable business. 

 

If you generate your income in bursts or seasons, then we need to show to the bank that the level of income generated in those periods is sufficient for the operation of the business annually and can maintain your household and the mortgage you are requesting

 

READ MORE>>