In Idaho, there are many self-employed individuals have great income, but don’t have the pay stubs or tax returns to show mortgage lenders. So are there any options for the self employed looking for a home loan?
The answer to that question is yes! There are several banks that lend in Idaho that offer programs for entrepreneurs and self employed workers.
These banks verify income by looking at the borrowers bank statements rather than tax returns or pay stubs. Programs usually cover loan amounts ranging from 200,000 to over 2 million dollars.
If you are a commissioned based employee, or an independent contractor, there are home loan options for you. Give us a call for more details