Self Employed? New Lending Guidelines in Effect

Effective January 2014, lenders now have new guidelines when qualifying self employed borrowers. The New York Times article linked below outlines the new documentation to be required by lenders.

http://www.nytimes.com/2014/01/19/realestate/new-snags-for-the-self-employed.html?ref=mortgages&_r=0

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