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Answers (5)

- Jody Hale, "Jody B. Hale"
- Contributions:51
There are programs available to you and investors that specialize in your situation. I can help you.

- Aaron Meyer, "Aaron Meyer"
- Contributions:2
You should be able to receive a portfolio loan from a local lender until you have 2 years taxes to qualify for a conventional mortgage without the cost of FHA fees.

- David Sheir, "DavidSheir"
- Contributions:21
FHA loans allow one year of self employment if you have been in the same industry for at least 2 years. Conventional Loans will stick to the 2 years self employment.
Also, for those of you who are paid "1099," don't forget that the industry considers this "self-employment as well.
Also, for those of you who are paid "1099," don't forget that the industry considers this "self-employment as well.

- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Traditional lenders will require two years of self-employed federal tax filings. .... Happy funding, Rudi

- Pete Cannon, "petesmortgages"
- Contributions:73
You will probably qualify for an FHA loan. Conventional is more strict on the 2 years. Pete Cannon, Wells Fargo Home Mortgage
[link removed by moderator]
I am self employed for almost a year.i have been in the same career for 15+ years. loan advice?
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