There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

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Shauna Hooker
Realty Executives
8662 E. Via De La Escuela
Scottsdale, AZ. 85258
Phone: 480-368-5520
Fax: 480-607-3319
Email: shaunahooker@NUMBER1EXPERT.com

Contact me with confidence! AND... Please be assured that I offer the services on my site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best home in Scottsdale Arizona or the surrounding area within your price range. I specialize in Scottsdale and Paradise Valley, and have assisted buyers and sellers with many home transactions in McCormick Ranch, Gainey Ranch, Grayhawk, Troon North, Cave Creek, Scottsdale Mountain, Scottsdale Ranch, Ancala and more. My clients' needs always come first and I am dedicated to making your real estate experience both successful and enjoyable. Please call me and let's find your great Scottsdale or Paradise Valley home.