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re: Financing a house as a 1099 (self-employed)

Posted on 1/2/14 at 8:55 am to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
36046 posts
Posted on 1/2/14 at 8:55 am to
quote:

two years 1099 work experience to meet Fannie and Freddie requirements as specified by Dodd-frank.


2 years income has always been a requirement for self-employed.

Take out an ARM and refinance when you meet the criteria.
This post was edited on 1/2/14 at 8:57 am
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