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Self-Employed? Here's What Mortgage Lenders Really Look At
In this episode of the Mortgage Research Network Podcast, host Paul Centopani speaks with Mikhail Burdeen, Regional Sales Manager at Cornerstone Home Lending, about what it takes to qualify for a mortgage when you're self-employed. Unlike traditional W-2 employees, self-employed borrowers often face additional documentation requirements and a more detailed review of their income, business expenses, and tax returns.
Mikhail explains why earning substantial business revenue doesn't necessarily translate into an equally high qualifying income. He discusses how lenders evaluate business cash…
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