How to Obtain a Mortgage When You Are Self Employed?

For many people, being self employed is a dream come true. You get to make your own hours, you don’t have to battle the morning and afternoon peak hour traffic and you don’t have to worry about finding a parking spot on busy city streets. You can sit at your desk in your pyjamas and you can nick off to the toilet whenever you need to. But when it comes to purchasing a home, then it’s another story all together. Suddenly your dream career is holding you back – all because you have no paperwork to verify how much you earn, and whether you’ll be an asset or a liability to a lending institution. But rest assured, there exist Mortgages For The Self Employed – or self certified mortgages. There are, of course, prerequisites such as a minimum deposit and perhaps correspondence from your accountant or bookkeeper, however for self employed people, a self cert mortgage is the way to go. No longer are you the outcast, the unstable risk that financial institutions are unwilling to lend money to. Suddenly, you’re the popular kid in school and everyone wants to give you money!