Category Archives: Self-Employed

Louisville Kentucky First Time Home Buyer Programs and Resources


Louisville Kentucky First Time Home Buyer Programs and Resources. via Louisville Kentucky First Time Home Buyer Programs and Resources. —   Joel Lobb Senior  Loan Officer (NMLS#57916)   American Mortgage Solutions, Inc. 800 Stone Creek Pkwy, Ste 7, Louisville, KY 40223 phone: (502) 905-3708  Fax:     (502) 327-9119 kentuckyloan@gmail.com    Company ID #1364 | MB73346 http://mylouisvillekentuckymortgage.com/   Advertisements

A Complete Guide to Closing Costs


  A Complete Guide to Closing Costs.    Complete Guide to Closing Costs A Complete Guide to Closing Costs Types of Closing Costs Let’s talk briefly about the types of closing costs you might encounter and how much those costs tend to run. Understand that closing costs, especially tax-related costs, will vary widely depending on […]
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How do you qualify for a USDA Mortgage if you are self-employed?


How do you qualify for a USDA Mortgage if you are self-employed?. via How do you qualify for a USDA Mortgage if you are self-employed?.

Qualifying for a mortgage while you’re self-employed


Qualifying for a mortgage while you’re self-employed. via Qualifying for a mortgage while you’re self-employed.  www.mylouisvillekentuckymortgage.com   Contact Me for a FREE Mortgage Consultation   Ready to Apply for your Mortgage?    There is no denying that the mortgage borrowing landscape is changing. One of the product lines that saw repeated revisions was the self-employed mortgage […]
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How self-employed people get a mortgage loan in Kentucky


How self-employed people get a mortgage loan in  Kentucky SELF-EMPLOYED Income must be documented as per properly submitted DU findings. DU will condition for one or two years documentation depending on input of information. Upon final running of DU documentation level changes, additional year’s tax returns or business tax returns may be required. Tax returns […]
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Underwriting rules stacked against independent contractors | Inman News


Underwriting rules stacked against independent contractors | Inman News.

How do you calculate income for self-employed borrowers?


How do you calculate income for self-employed borrowers? Answer The lender must establish the borrower‘s earnings trend over the previous two years but may average the income over three years, if all three years’ tax returns are provided. If the borrower provides quarterly tax returns, the analysis can include income through the period covered by […]
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