Fixed vs Adjustable Rate Loans for Self-Employed Borrowers: Key Differences Explained
Fixed rates run 0.5–1.5% above initial ARM rates right now — a real cost difference when self-employed income docs can already shift your rate by 1.5 points.
Tag self employed home loan
How a Self-Employed Borrower Can Qualify for a Competitive Mortgage Rate
Two years of tax returns, a 700+ credit score, and a DTI below 43% are the benchmarks lenders use—here's how self-employed borrowers can meet them and close.
Self-Employed Borrowers and Mortgage Rates: How to Prove Income Without a W-2
Self-employed borrowers can qualify for mortgages without W-2s using tax returns, bank statements, and P&L statements. Expect rate premiums of 0.25%–1.5%, reducible with a 740+ credit score and 20% down.