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Tips to Qualify for a Self Employed Loan for Home

Tips to Qualify for a Self Employed Loan for Home

When it comes to being self employed, getting a home loan may be more difficult. The lender will want to see various proofs of consistent income which will include your tax filings and all of your schedules that go with it. The lender and underwriting will go through every little piece if income to try to find you the best possible self employed loan to buy a home possible.

If you’re someone with bad credit, then it may be more difficult to get a self employed loan to buy your home. The awesome news about buying a home in this day in age is that there are many options out there for people with good, medium and even bad credit to. The Associates Home Loan of Florida offers a wide range of loans for anyone to help them buy a home.

Options from The Associates Home Loan of Florida include private lending, hard money loans, and bad credit loans. The only downside to getting a home loan or self employed loan when you have bad credit is that the rate of interest will be higher than what other people are paying. This is due to your credit score being considered poor or bad. A person with a low or bad credit score is known to be more at risk for going into default with their loan.

Being able to qualify for a self employed loan for a home when you have less than stellar credit can make you feel more confident and in turn, allow you to move forward with your next goals in life.

Tips to Qualify for a Self Employed Loan for Home

Tips to Qualify for a Self Employed Loan for Home

  • Have all documentation for the last two years, including a profit and loss statement for the current year in question to have proof of self employment income for the lender to review.
  • A copy of your business license that proves you’ve been in business for at least two years may be required by the lender.
  • Determine what you have for assets and down payment. Some lenders will require that you have something to put up as collateral or down payment, especially when trying to qualify for a home loan as a self employed individual who has bad credit.
  • Find out your debt to income ratio. Every lender will want to see a specific number or percent when it comes to debt versus income. This ratio needs to be at a reasonable level, I believe somewhere around 33% or less in order to gain approval for a home loan.

One issue that comes up with self employed home loan inquiries is that self employed business owners often have some of their own business debt. This business debt could be brought in and counted as part of the debt to income ratio, which will make your ratio a bit higher. Be certain to review all of your income and expenses as well as debt ratios before calling a lender, just to see if you’re even near the ratio allotted to get a home loan.

If you’ve reviewed all of your own information and you think that you’re ready to see what you can qualify for, then it’s time to give The Associates Home Loan of Florida a call to see how they may be able to help you out in getting that loan you so desire and need to move forward with your next goals in life.

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Self-Care For Moms – Romantic Dates at Home

Self-Care For Moms - Romantic Dates at Home

Are you a busy mom looking for ways to give yourself a little romantic date night alone? Well, then you must read this article. Today Brandy Ellen Writes is featuring some amazing self-care for mom tips that include 4 romantic dates at home to decompress and love yourself a little bit. 

It’s so much fun to plan romantic dates at home, yes even as a single mother household. You see, I’m challenging romantic dates at home to be more about you and less about the relationship. I’m kidding, sort of. With that being said, today I’m going to share my ideas for a romantic date at home.

I’ve literally been daydreaming about marrying myself. I want to slip a ring on my ring finger, perhaps even have a little ceremony of marrying myself. It’s not about anything other than being a symbol that right now I am going to do all I can to make positive changes within myself and for myself that only help bring out an amazing future for anyone who’s in my life.

Self-Care For Moms - Romantic Dates at Home

One of the best ways to focus on yourself is to set a few romantic dates at home with yourself. I am not kidding! This is a fabulous way to decompress, love yourself, and make sure you’re at your best version possible to be everything you have to be all day long. If you’re looking for romantic dates at home with yourself, then I have some ideas for you!

Self-Care For Moms – Romantic Dates at Home

Take a Bath

Gather up all of your bath supplies, start that water running to draw a bath and lay in that warm tub for as long as you can handle. Make this even more romantic with the lights off and essential oil candles lit. Taking a bath can help relax those tense muscles from a busy mom day and allow you to sink into a state of pure relaxation.


Watch Chick Flicks

This has been by far my favorite of the list of romantic dates at home ideas for self-care. I literally grab my PS3 remote and put Amazon Prime Video on to find a good chick flick. I just binge watch them until I feel tired and head to bed. This is the perfect way to catch up on movies you may not otherwise watch with your partner or kids. 

Order Food Delivery

This is one thing that sucks about living in a small town, no food places deliver. It sucks. Sometimes I just want to sit down and eat something totally bad for me. The problem is that I can’t get food delivery in this town, but maybe you can! Order some binge-worthy food and indulge in a special treat while you watch those chick flicks for your romantic date at home by yourself.

Read a Book

Grab a good book or two that you’ve been meaning to read. Get some blankets and put those comfy clothes on as you curl up to read as many books as you possibly can. Sure this may not sound like a romantic date at home for two, but it surely can be romantic for that mom looking to recoup from a busy day as she sits alone in her house. 

When it comes to taking care of yourself, there are no limits to what is considered self-care for moms. You see, I love using the idea of romantic dates at home because you need to learn to love yourself. I personally am way too hard on myself. As a firstborn child I tend to be an overachiever and a workaholic, but when push comes to shove, and after many issues these past few years, I’ve come to realize that I actually do matter and when I’m at my best, everyone else around me seems to be happier too.

I invite you to use my romantic dates at home to spend some quality time with the person who should matter the most to you, yourself. Go on, take care of yourself. It’s important. These self-care tips for mom aren’t about being selfish! Listen you’re UNselfish all day long, take tonight or this weekend and spend some quality romantic time alone with yourself. You’ll thank me later.