Tips for Self-Employed Homebuyers MABA MassachusettsRealEstate FirstTimeHomeBuyers MaBuyerAgnet
Getting a mortgage can be challenging when you don’t have a 9-to-5 job — or at least one that offers consistent pay stubs.
Don’t fret, though. If you’re a freelancer, gig worker, business owner or another type of independent contractor, it’s still possible to buy a home — it just takes a proactive approach and some planning to make it happen.
Are you a nontraditional worker hoping to get a mortgage? Here are some steps you can take:
- Focus on consistency. It’s vital to show lenders that you have regular income when applying for a mortgage. Try to work steadily in the lead-up to your home purchase — and be sure all your income is documented with invoices, deposit slips and bank statements.
- Make your financial picture appealing. Lenders often see nontraditional workers as a risk because their…………
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