Improve Your Chances of Getting a Mortgage

🚀 Ready to buy a home but worried about qualifying as a self-employed borrower? You’re not alone! Getting a mortgage when you run your own business can be trickier, but with the right preparation, you can improve your odds of approval. In this video, I’ll share 5 proven strategies that will help you present your finances in the best possible light. 🏡💼💸

📋 You’ll learn why it’s important to:
1️⃣ Register and license your business properly 📝
2️⃣ Pay yourself a W-2 wage instead of taking only owner’s draws 💳
3️⃣ Lower your debt load to strengthen your debt-to-income ratio 📉
4️⃣ Limit excessive tax deductions that shrink your qualifying income 💡
5️⃣ Keep personal and business bank accounts separate for clear records 🏦

✨ Whether you’re a freelancer, entrepreneur, or small business owner, these steps can make all the difference in your homebuying journey. If you prepare early, you’ll set yourself up for success and boost your chances of mortgage approval.

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