With the rise of the gig economy, more people are opting for self-employment and starting businesses instead of working a traditional nine-to-five. And while this is a great way to build a flexible ...
Better's new HELOC targets small business owners, freelancers, gig workers and borrowers with complex or recently increased incomes, allowing them to use their home equity to offset other expenses. AI ...
For these borrowers, the program evaluates actual cash flow rather than tax-restricted paperwork—offering a smarter route to approval. Tax returns often understate self-employed income because of ...
If you work with self-employed borrowers, you already know the frustration they face when trying to qualify for a traditional mortgage. Even highly successful business owners often have trouble ...
If you’re trying to take out a mortgage loan as a self-employed borrower, you may find the qualification process a bit more challenging than if you had a salaried or hourly position that comes with a ...
New Bank Statement HELOC program gives millions of small business owners, freelancers, and gig workers a fair chance to access cash or consolidate their debts through home equity NEW YORK--(BUSINESS ...
Self-employed and interested in tapping into your home's equity with a second mortgage? A bank statement loan can help you bypass traditional tax return requirements, which can muddle the reality of ...
Bank statement loans are a type of non-qualified (non-QM) mortgage, which may make it easier for self-employed borrowers to buy a home. Lenders can use previous bank statements to vet potential ...
Tracking your income and expenses can help you make prudent financial decisions and feel more in control of your money. Many people turn to bank statements when planning budgets and looking for ...