YES you CAN get mortgages when Self Employed & Retired!

FAQs & demystifying mortgages

Before you file your taxes, READ THIS!

I’m constantly reading or hearing people say its impossible, its extra hard to get a mortgage if I’m self employed, or if I’m retired.

This is just not true. But also true.

The problem is not that these loan products don’t exist, it’s that there’s a lot of bad loan officers out there. Or lazy ones who do not understand the guidelines. Or they work for a lender who doesn’t like to do those loans.

The other problem is you can’t be Self Employed, write everything off, claim no income to the IRS and then expect lenders to lend you money. Are you making money or not? Are you a successful business or losing money? You can’t have it both ways.

Just a reminder that mortgages are NOT all the same across lenders. There are many different types of lenders, there are many different types of mortgages, there are many different types of “products”. The products have different rules, costs, and how to qualify.