Search found 3 matches

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Fri Aug 30, 2019 8:15 pm
Forum: Home Loan Forum
Topic: What are the mortgage options like for a self-employed baker?
Replies: 5
Views: 12220

Re: What are the mortgage options like for a self-employed baker?

Why and when do I have to pay lenders mortgage insurance?
by
Fri Aug 30, 2019 8:03 pm
Forum: Home Loan Forum
Topic: What are the mortgage options like for a self-employed baker?
Replies: 5
Views: 12220

Re: What are the mortgage options like for a self-employed baker?

Thank you for your help. How much can I borrow with a low doc loan? The property I'm looking for is a bit pricey, but I do not have any personal debts and good credit history.
by
Fri Aug 30, 2019 7:55 pm
Forum: Home Loan Forum
Topic: What are the mortgage options like for a self-employed baker?
Replies: 5
Views: 12220

What are the mortgage options like for a self-employed baker?

I run a small bakery and earned a net profit of $55k from my business last year. I have been running the bakery for the past 3 years I am hoping to buy my first home. What are my mortgage options like as a self-employed baker? My business was off to a rocky start and did not earn a considerable profit for the first one and a half years.