There are roughly 15 million self-employed individuals in the U.S., about 10% of the workforce. It’s surprising, then, that lenders make it so difficult for them to buy a home.
Fortunately, those days are coming to an end. Thanks to bank statement loans, self-employed home buyers can be approved based on bank deposits, not complicated tax returns with lots of write-offs.
If you’re worried that you won’t be approved due to your self-employment, it’s time to learn about bank statement loans. Start here.