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Company Loan Type APR Est. Pmt.

How do I refi if i am self employed and show little cash on my returns

Posted on: 28th Jul, 2009 06:10 pm
I am self employed and have 2 mortgages. A first that is a balloon and a 2nd that is 12%. I have good credit but am having a hard time and need to consolidate and a lower rate. My loans are with Indy mac and they are jerking me around
Guest,

Especially in this market, you need to show some source of income. When you say your self emplyed, can you show some constant monthly income which gets deposited in to yoru bank account.

Good luck and feel free to ask
Posted on: 28th Jul, 2009 08:07 pm
It sounds like you need a "stated income" loan. What state are you in? It may be difficult to accomplish this depending upon where you are.
Posted on: 28th Jul, 2009 08:51 pm
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