A Mortgage Advisor
Believe it or not there are bad credit home loans and other real estate mortgages available for those stuck with a bad credit score. In some cases your employment, income or assets can help compensate for a low credit score. For other home buyers it may be necessary to use credit repair services before obtaining a home loan.
If you are self employed you have probably experienced some challenges when applying for a home loan. Home loans for self employed business owners can be difficult especially if you aren’t working with a home lender that specializes in home loans for self employed business owners.
A low credit score or other credit problems doesn’t necessarily mean you cannot qualify for a home loan. There are low credit score home loans available in the present market. You can also take some steps to improve your credit score and credit profile before you apply for a home loan. These same steps are used by mortgage professionals, credit repair professionals and legal professionals to help their clients secure low credit score home loans.
Building a new home is hard enough without financing difficulties. Finding the right home loan solution can add to the challenge. There are two main options for new construction home loans.
Stated income home loans are home loans that do not require extensive documentation of your income. These home loans are often used by self-employed business owners, investors, retired and other home buyers that are not employed in a traditional job.