Due to the COVID pandemic, self-employed borrowers are facing a bit more scrutiny from lenders about their business and income stability. Our team is up to date on these changes and we are committed to helping you through the process of buying or refinancing your home. If you have any questions, let’s talk!
Related Article Title: FHA Mortgagee Letter 2020-24, Revision of Effective Date for COVID-19 – Updated Temporary Guidance for Verification of Self-Employment; Rental Income Written by: Tracey Rumsey, Staff Writer This article highlights some important temporary guideline changes for FHA loans, especially for clients who are self-employed or have rental income. If you work with FHA […]