What is Defaulting on a Home Loan? Defaulting on a home loan occurs when you fail to make your mortgage payments on time. If you miss a payment, your lender

Why Refinance? There are several reasons why you might consider refinancing your home loan. One common reason is to take advantage of lower interest rates, which can save you money

Origination Fees One fee that you may encounter when applying for a self-employed home loan is an origination fee. This fee is charged by the lender to cover the cost

Using Gift Funds for a Down Payment A gift from a family member can be a great way to help you cover the down payment on a home loan. However,

Down Payment Requirements for Self-Employed Home Loans The down payment requirements for self-employed home loans are similar to those for regular home loans. The amount of the down payment required

What is a Self-Employed Home Loan? A self-employed home loan is a mortgage product designed specifically for individuals who are self-employed or have an irregular income. This type of loan

Step 1: Pre-approval (1-3 days) The first step in the process of getting a self-employed home loan is to get pre-approved by a lender. This involves submitting an application and

Documentation of Home Office Expenses If you work from home, you may be able to deduct certain home office expenses on your tax return. However, when it comes to applying