• 36: How to Get a Mortgage When You’re Self-Employed

  • Sep 3 2024
  • Length: 26 mins
  • Podcast

36: How to Get a Mortgage When You’re Self-Employed

  • Summary

  • Let’s be honest — figuring out how to get a mortgage when you’re self-employed is a bit more complicated than if you had a W-2 job.

    Lenders want to see that you have a steady income, but without a consistent paycheck, that becomes more difficult (even for super-high earners!)


    Sydney just bought a new home and in this episode, she’s breaking down the entire process and exactly how home buying for self-employed professions is different and what you should consider if you have owning a home on your vision board within the next 1-3 years.


    02:00 — The importance of proper bookkeeping and documentation

    05:30 — How lenders view self-employed income differently

    11:00 — Tips for improving your debt-to-income ratio

    13:30 — Navigating the pre-approval process as a business owner

    17:00 — Common pitfalls and hidden fees to watch out for


    📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDE

    Get the Profit and Loss Guide


    ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANT

    Get the Tax Planning Questions Guide


    🛍 75+ TAX WRITE OFFS

    Get the Tax Write Offs


    ✅ BOOKKEEPING CHECKLIST

    Get the Book Keeping Checklist


    💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERS

    Apply for Bookkeeping or Financial Analysis Services


    👋 CONNECT WITH SYDNEY & KRISTEN

    Website: https://knowyourworthpgh.com/

    Instagram: https://www.instagram.com/knowyourworth_pgh/

    YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/

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