Here's a look at the options available for today's self-employed buyers.

First, I wanted to give you a little advice if you have an investment property and you want to tap into that equity. You can always do so through traditional financing with a big bank, but there are other options. For example, there are equity-based programs where we look at the income being produced by the property to qualify you for a cash-out refinance. Right now, we're going all the way up to 70% loan-to-value on those programs.

Second, one of the groups that have been hit hardest by COVID is self-employed individuals. If you're self-employed and need a mortgage, you can get one through traditional financing, bank statement loans, or another option. We can actually work with self-employed investors to take their bank statements, look at the deposits, and come up with an average that we'll then use as income to qualify them. 

If you have any questions for me about buying a home, investing, or refinancing, don't hesitate to reach out via phone or email. I look forward to hearing from you soon.