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This Is How You Can BUY a House If You're SELF EMPLOYED 

MG The Mortgage Guy
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If you're self employed, then you know how hard it is to save for a down payment on a house. But don't worry! In this video, we'll show you how you can be prepared before taking the next step into the homebuying process.
Whether you're looking for a starter home or you want to buy a house quickly, we've got you covered. In this video, we'll show you how to buy a house using tips and tricks that will save you time and money! So don't wait any longer, watch this video and learn how to buy a house if you're self employed!
//JOIN EYL UNIVERSITY: www.eyluniversity.com/squeeze...
//APPLY FOR A LOAN: quiet-darkness-1841.ck.page/2...
// SECOND OPINION ON YOUR CURRENT LOAN: mgcalendar.as.me/schedule.php...
//If you are currently in the process of refinancing or purchasing a home and want a second opinion on your deal, schedule your appointment here: mgcalendar.as.me/schedule.php...
//Homebuyer's Blueprint Vol. 1: www.thehomebuyersblueprint.co...
//MG The Mortgage Guy Official Instagram: / mgthemortgageguy
//MG The Mortgage Guy Official Facebook: / thehomebuyersblueprint
//MG The Mortgage Guy Official TikTok:
/ mgmortgageguy
SUBSCRIBE: / mgthemortgageguy
Thanks for watching!!
#realestate #financing #Mortgage

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16 июл 2024

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Комментарии : 38   
@SW-kd9fx
@SW-kd9fx Год назад
Love the segments!!!
@dandelice4370
@dandelice4370 Год назад
Love the knowledge, sooooo many gems 💎 💎 💎 💎 💎
@getupandgotransport6344
@getupandgotransport6344 Год назад
Thanks for the video Im pretty much on point with this video thanks.
@jamoney8812
@jamoney8812 Год назад
Great video💯🔱
@EvaLaDell
@EvaLaDell Год назад
He always cut in at the wrong time. Lol! I be knee deep into the information. Then we miss out on the point you were trying to make. Lol! It's all love. You guys are the BEST🙂
@valoruniversity
@valoruniversity Год назад
this dude was giving valuable info and the host cuts in. He should be sitting there taking notes to ask questions after he gets done
@cubanito48
@cubanito48 5 месяцев назад
I got my answer…. I can’t have my cake and eat it too…., dang it lol. Thanks for video.
@waldeezee870
@waldeezee870 Год назад
Great vid! Can you all do some thing about the Audio? It’s so low , even though I have it all the way up. Thanks!
@abran-el
@abran-el 9 месяцев назад
I needed to hear this tho
@TLC717
@TLC717 День назад
Lenders need to change how they look at self employed borrowers. Just because someone is paid with w-2 doesn't automatically make them more likely to pay their mortgage. My ex husband got a mortgage when we were married and the bank didn't want me on the mortgage because I'm self employed. He had been at his job 20 years. He wanted the house when we split. The mortgage payment was cheaper than rent but the fool let the house go into foreclosure. Besides, w-2 employees get fired, sick, laid off, or quit their jobs sometimes. A w-2 and decent or good credit score doesn't guarantee they are a safer bet than those of us who are self employed. My husband got a mortgage and had been with his employer 5 years. He only stayed that long to get a mortgage when we were ready. He quit is job 6 months after we moved in and started his own (failing) business. These lender terms do not secure them to always get their money.
@ROCBOYZGURLZ
@ROCBOYZGURLZ Год назад
#AskMG Thank you for the continuous 💎s. Can you go over purchasing a new build? Things to look out for, things to ask, the process, anything you can share. Most of your content seems geared towards resale homes. Thanks in advance!
@stfc7853
@stfc7853 Год назад
Do process mortgage for self employed in all 50 states? Bcos I don't live in NYC?
@kell7105
@kell7105 Год назад
so could It be 12 months of Zelle deposits into your business account , or deposits from lets say your e-commerce store, could it be both?
@redciroc1211
@redciroc1211 Год назад
What if your a w2 employee and you also make a lil self employed money on the side can they both be combined as income if they're both filed on tax returns?
@thelifeandtimesofyoboislim8967
@thelifeandtimesofyoboislim8967 10 месяцев назад
What about Your Credit score? What does it have to be?
@HeyTripleJ
@HeyTripleJ Месяц назад
How would you BUY a primary residence under your business name/new LLC??? With bank statement loan?
@ezellabarner49
@ezellabarner49 Год назад
I'm asking a question for my elderly neighbor she has asked me would she be able to get qualified cuz she's on social security so she's wanting to know if she can get a house on her social security benefits
@DavidJohnson-xs7og
@DavidJohnson-xs7og 5 дней назад
Can you use your bank statement on a VA loan as a 1099 employee to get around putting down the 20%
@oscardagrouch5095
@oscardagrouch5095 Год назад
I’m self employed and purchased my home using a VA loan. Business is a LLC S Corp >2 year tax filings. I learned that banks do not respect business owners. The process was horrendous.
@McNateDoggYT
@McNateDoggYT 8 месяцев назад
It truly is
@differentbcm4739
@differentbcm4739 8 месяцев назад
Is your house also in an LLC?
@sadiedog5071
@sadiedog5071 Месяц назад
I have been sitting on a large cash deposit > 25%, trying to buy a house, but the banks will not work with me because I am a business owner.
@StarOasis26
@StarOasis26 3 месяца назад
Can you be a DoorDash driver and get approved for an FHA loan? What type of taxes do I need to file?
@josephbrimmer7716
@josephbrimmer7716 Месяц назад
Can my wife own the business and I get a paycheck as W-2 employee and go buy the house myself?
@AJ-dc5wt
@AJ-dc5wt Год назад
Can you use Zelle income for non-qualifying mortgage?
@mrs.fredrick_
@mrs.fredrick_ Год назад
No we need bank statements 1-2years worth.
@rdcrtny1405
@rdcrtny1405 Год назад
LLC how would you be able to get the loan then?
@Lalallalslalalalslslbfbsyso
Right
@markcarr1149
@markcarr1149 Год назад
So pay tens of thousands to irs or pay tens of thousands on down payment and probably not have a nest egg for emergencies unless you have enough saved. I guess you might be able to refinance after a year
@baldwincobb
@baldwincobb 7 месяцев назад
lol exactly
@HeyTripleJ
@HeyTripleJ Месяц назад
Yes that Refi with perfect payment history is CLUTCH extremely necessary
@romehardin
@romehardin Год назад
Audio is to low
@goldenturtleaffirmationsre9668
The video is too low volume I cannot hear ya strong black man intelligent turn up the volume
@kenterramitchell176
@kenterramitchell176 Год назад
Yeah I can bearly hear
@sadiedog5071
@sadiedog5071 Месяц назад
Why is this racist?
@King.veli_
@King.veli_ Год назад
I only disliked this video cuz dude was on his phone while on an interview…. He often does this in yall videos, I just had enough. Leave ur phone alone (dislike)
@mayra__caldera
@mayra__caldera 5 месяцев назад
Maybe he is Gen 🧬 Z
@SO1012488
@SO1012488 7 месяцев назад
This is kid is so lost lol
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