Facts about self-employed borrowers | Infographic
1 out of 10 borrowers who walks through your door is likely to be self-employed. As business owners, the self-employed borrowers’ goal is to maximize income and earning potential and at the same time, reduce their tax liability. The problem with that is reducing tax liabilities decreases reported income and makes qualifying for a loan more challenging. All of this leads to a very unique demographic to work with. Our mortgage infographic highlights some of the many interesting facts about this curious group of borrowers. Check out our self-employed borrower infographic!
Are you a mortgage professional and interested in our famous cash flow analysis worksheets? You can now access the worksheets!