Andrea Kaplan-Chambers and her husband have owned their Austin, Texas, home for a year now, but the path there wasn’t easy. The couple were both freelancers when they were applying for mortgages, (Kaplan-Chambers worked as a contract programmer and her husband owned a small sound design business) something they didn’t know was going to be as big of a problem as it ended up being. Though they both had thriving businesses, it turns out that the bank was skeptical of the couple’s financial profile.
“It was impossible to get approved for a mortgage as a small business owner, even with good credit, no debt, [and 10 years of savings],” says Kaplan-Chambers.
from https://www.apartmenttherapy.com/self-employed-mortgage-263575
from waaaay over here —> Why 20% of Workers Will Have Trouble Getting a Mortgage
from Sofia Consola
via Why 20% of Workers Will Have Trouble Getting a Mortgage
