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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateHow does self employed income look on mortgage application?
Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, Nevada
  • Member since Oct 28, 2013
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Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, Nevada
  • Member since Oct 28, 2013
Connect
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
53
Votes |
185
Posts
Buying & Selling Real Estate

How does self employed income look on mortgage application?

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted Apr 18 2015, 06:21

I'm guessing not good? Does 60k W2 income look a lot different than 60k 1099 income?

I'd like to be eventually self employed, but real estate is my primary goal in life. I'm willing to stay at my job if banks hate self employed income. Please note that I would have a 1099 income form (not just declaring what I earned). 

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