Self-employed? Don’t have a W-2? That does not need to stand in the way of your application for a home loan.
At Mortgage Consultants Group, we offer mortgages to self-employed borrowers in Rancho Cordova and throughout CA.
What is a Self-Employed Borrower Loan?
A self-employed borrower loan is a mortgage you can apply for using your bank statements to document your income rather than a W-2.
This process is necessary if you work for yourself since only traditional employees have W-2 forms.
Self-employed borrower loans are also sometimes called “bank statement loans.”
Is a Self-Employed Borrower Loan Right for You?
You can apply for self-employed borrower loan if you are any of the following:
- An investor
- A freelancer
- An entrepreneur
- A business owner
You should apply for this type of mortgage if you are self-employed full-time or part-time. Basically, if you have income that is not reported on a W-2, then you need to use bank statements to verify it.
When you come in for a mortgage consultation with our friendly experts, you can tell us about how you earn your income, and we can let you know if you should apply for a self-employed borrower loan.
Apply Now for a Self-Employed Borrower Loan in Rancho Cordova or Beyond
At Mortgage Consultants Group, we have helped many self-employed borrowers to purchase homes through our bank statement loan process, and look forward to getting you into your new home.
If you have questions about loans for self-employed borrowers or you are ready to apply, please contact us today at (916) 669-1682 to schedule your consultation. We work with customers in Rancho Cordova, Gold River and throughout Sacramento, El Dorado, Placer, San Joaquin, and Stanislaus Counties. We can also serve you elsewhere in California.