Susan Deacon Properties

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SELF EMPLOYED AND BATTLING TO BUY A HOME?

Self-employed and battling with bond approval? Despite affordability and good credit rating? This article is for you. Listed below are ways to increase your chances of bond approval as a self-employed individual:

Consult a bond originator:

The preparation of documentation for a home loan application can be tedious. If you have a time frame in which you would like to buy, consulting earlier with a bond originator would help give you enough time to prepare and possibly get pre-approved before making your purchase. The bond originator will advise you accordingly throughout the process regarding what you should do in order to increase the chances of bond approval. This could sometimes include ensuring your accounting is in order, or even starting to explore an additional income stream for your business. The assistance of a bond originator will also make the process seem less daunting.

Documentation required:

1. Company Financial Statements

Self Employed And Battling To Buy A Home? Despite affordability and good credit rating? This article is for you. Listed below are ways to increase your chances of bond approval as a self-employed individual: