Irish Hills Area, Manitou Beach, Onsted and Brooklyn real estate and homes for sale in Michigan - Stoney Green, REALTOR® The Green Team REALTOR(r) for Irish Hills Area, Manitou Beach, Onsted and Brooklyn, Michigan real estate - NUMBER1EXPERT™ The Green Team NUMBER1EXPERT(tm) for Irish Hills Area, Manitou Beach, Onsted and Brooklyn, Michigan real estate
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Real Estate Tips
Self Employed >No Problem

There is no doubt about the fact that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications from buyers who are self-employed than from those who work for a regular salary.

If you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. Before you begin your search for a house, it is a good idea to meet with an agent of your choice who will be happy to accompany you as you meet with one or more loan officers. They will probably want to analyze your tax returns for the past 2 or 3 years. Because people who are self-employed can write off many expenses that salaried individuals cannot, it is possible that self-employed individuals may look impoverished on paper. Try to get pre-approval from the lender, and ask for a letter to that effect which the real estate agent can attach to any offer you submit on a home. This will make you look more attractive to the sellers.

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Real Estate Trivia
Q 
What does the abbreviation PITI stand for?

A 
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment.
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The Green Team, REALTORŪ, real estate agent and broker for Irish Hills Area, Manitou Beach, Onsted and Brooklyn Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Stoney Green
RE/MAX Mid-Michigan/Brooklyn

131 N. Main St.
Brooklyn, MI 49230
Direct: 517-592-0101
Toll Free: 877-678-6639
e-mail: stoneygreen@NUMBER1EXPERT.com

Stoney: A lifetime of waterfront living and years in the boating industry give me an in-depth knowledge of the lakes in the Irish Hills area and an edge when it comes to knowing everything from the history of the lakes, to the best sailing, to where the fish may be biting! I am a full-time Realtor, an award winning producer, and I love what I do - I'm helping others realize their dreams while making so many great new friends. I look forward to putting my integrity and expertise to work for you.

ABREqual HousingREALTOR


RE/MAX Mid-Michigab/Brooklyn real estate and homes for sale in Irish Hills Area, Manitou Beach, Onsted and Brooklyn Michigan

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