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PersonalHub

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Self-Employed? Here's the Documentation You Need to Buy a Home

Owning a business is the American dream for many people. After all, who doesn't want to be the next Steve Jobs or Mark Zuckerberg? And while being self-employed comes with a unique set of perks, it also requires some unique steps in the homebuying process. Because self-employed individuals typically have income that fluctuates and debts that could be tied to their business, lenders will require additional pieces of documentation, but don't let this deter you from realizing the dream of home ownership! If you are an entrepreneur and want to purchase a home, keep reading to learn the types of documentation you may need, as well as any obstacles that could get in your path so that you can properly prepare.

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