Most mortgage and loan providers rely on proof of income to decide if you’re a worthy borrower.
But brokers don’t want just any income; they want to see rock-solid, steady income -- preferably from one source. This is even more true with recent mortgage regulations that force banks to be even stricter about income requirements.
From what we hear on the ground, freelancers have to jump through a lot of hoops to get mortgages. They have to fill out extra forms, represent their income in the right way, ask their clients to attest for them, and often hire experts rather navigating through the process alone.
We’re interested in learning more from you about your experiences. If you don’t mind filling out the very brief questions below, we can use the information to help other freelancers interested in getting mortgages.
Thank you in advance!