Applying for a mortgage when you are self-employed can be fast and easy. But it involves a different loan process than the traditional one.
Pacific Mortgage Group has a simple loan process specifically for self-employed borrowers. With our experience working with homebuyers like you, we can quickly move you through the application process.
How Do Self-Employed Mortgages Work?
When you apply for a mortgage as a self-employed borrower, one of the steps we take is verifying your income.
This is the biggest factor that sets apart self-employed borrower loans from traditional loans.
The approval process for traditional loans entails submitting a W-2 form to prove your income.
Because you do not have such a form as a self-employed borrower, we need a different way to find out what you earn. That is why we use bank statements instead.
You can apply for a self-employed borrower loan if you are in any of these categories:
- Self-employed borrowers
- Freelancers
- Entrepreneurs
- Business owners
- Investors
Benefits of Corona Self-Employed Mortgages
- Get through the application process quickly without a W-2.
- Account for all of your earnings when you apply for a mortgage (if you have a job as an employee but also work a side gig, we can look at your W-2 and your bank statements).
- You get to work with a mortgage company that understands you. Dealing with a big box lender that has no experience with self-employed borrowers can be a hassle. We make the process smooth and stress-free.
Buy a Home Without a W-2 Now
Nowadays, many homebuyers are self-employed full-time or part-time, and have income that is not on a W-2 form. If that is the case for you, it does not need to stand in your way during the mortgage application process when you apply for one of our self-employed borrower loans.
Please contact us today at (951) 531-1399 to schedule your mortgage consultation. We work with self-employed homebuyers throughout California, Florida, Oregon, Nevada, Colorado and Washington State.
