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re: Financing a house as a 1099 (self-employed)
Posted on 1/1/14 at 9:16 pm to rlanders23
Posted on 1/1/14 at 9:16 pm to rlanders23
I refinanced with a No-Doc mortgage a few years back after I started my own business. My & wife's credit was low 800's. got a 15 year just a tad below 4%.
Apparently it does on a No-Doc loan.
LINK
quote:
but could get to 25% I that made any difference
Apparently it does on a No-Doc loan.
LINK
This post was edited on 1/1/14 at 9:25 pm
2
Posted on 1/1/14 at 9:20 pm to Cdawg
Just forwarded your questions to a friend of mine who is a mortgage broker. I'll post what his advice is as soon as he responds.
I'm 1099 and we just started building in November and Whitney bank here in Houston took care of our needs.
I'm 1099 and we just started building in November and Whitney bank here in Houston took care of our needs.
Posted on 1/2/14 at 9:00 am to Cdawg
quote:
Apparently it does on a No-Doc loan.
No documentation mortgages do not really exist anymore. Those loans were a huge part of the problem.
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