Self-Employed Mortgages

 

With as little as 10% down payment, I can provide a program designed for self-employed borrowers who are unable to provide traditional income confirmation. However, they have a proven 2 year history of managing their credit and finances responsibly. This financing solution is offered through Genworth’s Business for Self Alt A program. Here are some of the qualifications for the program:

  • Minimum of two (2) years business-for-self tenure
  • The self-employed borrowers stated income should be reasonable based on the length of operation, type and size of the business,
  • Great Credit history, with minimum 2 credit products reported with 2 year history
  • Proof no taxes are owing
  • 5% of down payment must come from own resources.  The remainder can be gifted from an immediate family member
  • Borrowers with commission income do not qualify for this program
  • Please contact me for more details

With 25% – 35% down payment, I can offer customized financing solutions and common sense lending for self-employed borrowers.