Self Employed Can Speed Through Mortgage Preapproval Secrets
Real-World Examples and Data
According to a 2023 report by the National Association of Realtors, approximately 10% of homebuyers are self-employed, highlighting the significant demand for tailored mortgage solutions1. Furthermore, a study by Freddie Mac found that self-employed borrowers are often just as creditworthy as their traditionally employed counterparts, yet they face more hurdles due to the complexity of their income structures2.