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Pat Safian, REALTORŪ, real estate agent and broker for Fort Worth and Benbrook Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 817-690-6094.


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Real Estate Tips
Financing Your Home >If You Are Self Employed

There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

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Real Estate Trivia
Q 
What is the role of the U.S. Housing Authority?

A 
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states.
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Pat Safian, REALTORŪ, real estate agent and broker for Fort Worth and Benbrook Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Pat Safian
Coldwell Banker Residential Mortgage

4500 Hartwood Dr.
Fort Worth, TX. 76109
Cell Phone: 817.690.6094
Office direct: 817.547.9925
Fax: 817.924.4122
Email: Pat@PatSafian.com

Your home is one of your biggest invesments. You should not feel rushed when making such an important decision. I have the patience to help you find the best home in your price range.

REALTORABRCRSeProMLSEqual Housing


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