Refinance for a self-employed person?My ex husband and I got divorced in 2008. He wanted to keep the house. He still has not refinanced as a rep from a mortgage company told him that since he is self-employed, they must go by his "net" on his taxes on his last two years' returns, not his gross income. I have waited this long since we have a son, but he recently turned 18. Since the amount on my ex-husband's taxes shows he makes only $19,000/yr (due to write-offs, etc.), the mortgage company we currently have will only let him finance about $40,000! The amount owed on the home is about $36,000. The home is worth about $170,000. How can he refinance the $36,000, plus half of the equity he owes me for the home (and also get my name off the mortgage)? Is this something he would have to do with a bank that does not "sell" loans? We do not want to sell the home. The home is located in Newark, Delaware. Any suggestions you can give are appreciated. Right now, I'm stuck on a mortgage loan, and I do not even live in the home....nor have I received my half of the equity. HELP!August 11 2014 - Newark00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.