This is a YouTube video titled "🚨 Self Employed Loans 🚨 #mortgage #residentialmortgage #firsttimehomebuyer #entrepreneur" created in June 2025. The content is a monologue or informational talk aimed at self-employed individuals seeking home loans, explaining eligibility criteria and lending considerations for self-employed borrowers.
You self employed looking to get a home loan? If so, it's probably not as daunting as the Internet might make it appear. Trust me, I'm self employed. So I have full respect for you and I understand how being self employed goes. Many lenders make it seem like you have to be self employed for at least two years. That's not correct. Actually, if you've been in the industry or same line of work for the last two years, you could only be self employed for one year and we can get you a home loan. So for example, if you've been in the carpentry union for the last couple years and then a year ago you decided, hey, I'm really good at this, I'm going to open up my own operation. You went self employed for 12 plus months as long as you filed taxes only at least once. But that self employed income, we can use it and give you full credit for that pretty much just shows you've been in the industry, you know what you're doing. It kind of fends off like if I wanted to be a doctor tomorrow, yeah, that probably wouldn't be a very sustainable business. So don't give me credit for the self employed income. But if I've been in that line of work, I know what I'm doing and then I went to do it for myself, that works. And even if you write some money off on some income off on taxes, that's okay, trust me, we understand how that goes. You can also flip and give you credit for what your deposits are in your bank account for the last year. So a lot of different avenues reach out today for self employed home loans.
