Self-Employed Home Loans
Your options explained. Your questions answered.
Self-Employed Mortgages in San Diego
For those seeking more flexibility in how they work, self-employment is a great option. But while there are many perks to being your own boss, self-employed types such as small business owners and freelancers face disadvantages like unstable incomes and higher taxes. You might wonder if you can still buy a home, and the answer is a resounding âyesâ! If you are self-employed, you can apply for loans under the same process as others. Self-employed home buyers can apply for Conventional Loans, Non QM Loans, and more. The type of loan that would best suit you depends on your income.
San Diego Self-Employed Home Loan FAQs
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Can I still qualify for loans even if Iâm self-employed?
Absolutely! As a non-traditional borrower, there are also non-traditional or what are called Non QM loans that you can apply for.
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What do I need to apply for a loan?
You may be able to qualify by having just one year of tax returns (as opposed to two years). You will also need documentation to show consistency of income. Other factors lenders may look at include the location and type of business, demand for your product or service, and future income.
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What can I do to boost my odds of being approved for a mortgage?
Self-employed borrowers are typically subject to the same requirements and process as conventional borrowers.You may increase your odds of being approved by showing that your debt-to-income ratio meets your lenderâs requirements. Work with a local lender like National Home Loans to get an even more personalized approach to your application.
Why Choose National Home Loans
You can get real estate financing elsewhere. Why does National Home Loans beat the rest?
Customer Service
Get concierge-level service from pre-approval to closing while saving money. Stress-free is our specialty.
Save Money
When thinking about home loans, itâs always cheaper to have a mortgage broker whoâs working for you.
Just the Right Fit
Weâll find the right loan program and best terms for you. Itâs a completely customized experience.
Increased Reach
We have access to 100+ lenders, giving you the most options without any extra work.
Personal & Local
We offer a local alternative to the âbig bankâ feel that lenders provide. Weâll guide you every step.
Award-Winning Experience
Work with top San Diego mortgage broker and business development expert John Giannattasio.
Rated one of the top 100 mortgage brokers in the nation
by the Scotsman Guide
I shopped around a bit for a broker, and was referred to John by a coworker. He was by far the most personable, professional, and proactive broker that I interacted with. He promised me that he was doing everything he could to protect my family's money and get us into a house that we love, and he did. The bottom line is he got us our desired results, he offered great advice, and he earned my trust and confidence. I would recommend his services to anyone looking for a knowledgeable and passionate mortgage broker.
Have been working with John for a couple months now; he is very patient and understands our needs as first time home buyers. John has been amazing and answers all our questions, I think we have found our long time broker. He has the clients best interest in mind which is very refreshing. A++
John is great at what he does, especially for first time homebuyers. He is willing to go the extra mile for his clients and will explain exactly what he's doing along the way. I'm so glad we were able to work with him and I highly recommend him.
Beyond grateful to have been referred to John G. right after getting our offer accepted on a home. We would not have been able to do it without him. He secured us a great rate, which was a game changer in our decision to purchase. It was our first home purchase, and he helped us navigate every single thing, and was extremely responsive and available to chat when we needed him. The entire escrow process was smoother and quicker than we could have ever hoped for. He was a pleasure to work with, and we hope to continue to work with him in the future.
Helping You Find Your Way Home.
Ready for a stress-free mortgage experience? Request rates or contact John today!
