Ever get the feeling that mortgages are designed for people with 9 to 5 jobs? You're not alone. Self-employment can sometimes cause potential homebuyers to hit a mortgage wall, due to a lack of steady income. Not to worry though. Self-employed folks can qualify for mortgages too! By being proactive, you too can get approved for a mortgage. These tips are designed to help you increase the odds of homeownership.
Shop for homes without HOA fees
Believe it or not, homeowner association fees are included as a part of your mortgage calculation. So make a point to look for homes without any HOA fees. It may be the difference in getting approved or rejected by a lender.
Look at your tax history
Lenders determine your monthly income by looking at your…
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