Are you self-employed? Mortgage loan approval just got easier for you...
In the recent past, self-employed individuals had a difficult time getting approved for home loans. It was labor intensive, expensive and time consuming to gather all the information needed and get approved for a home loan when you were self-employed. Since it took more time and was more expensive, may lenders would not even give those types of loans a chance. But now, thanks to Fannie Mae and Freddie Mac, the process has been streamlined due to their new automated underwriting technology. The new technology allows the paperwork to be processed quicker and more accurately. Even small banks can now consider lending to the self-employed. For more detailed information. you can CLICK HERE. Regal Crest Luxury Homes Broker: Amy Sossamon 919.671.1479 More helpful real estate articles: Now is the time to purchase a premium or luxury home April is the best month to list your home Top 5 family friendly cities in the United States