Self Employed mortgages are often more document intensive, because mortgage lenders require a few more documents as part of their due diligence and background when deciding whether to approve your mortgage.
The “Pre-Approval” process is very important here. Loaners Mortgage will take the application, check your credit, and collect the majority of the documents up front. This is so the broker can compare your documents to the policies of the potential mortgage lenders, and see which mortgage company is most likely to approve your mortgage application and is the best fit for you at the best rate. Be sure to ask about our No Payment Mortgage™.