Self-employed

A large modern home of glass, cedar and stone glowing at dusk behind a long reflecting pool and planted terraced garden.Self-employed

Why your lender asks about large deposits

Fannie Mae's 50% large-deposit rule, when a purchase needs a paper trail, what a gift letter must say, and how self-employed buyers can plan ahead.Sophia Warner · · 6 min readA shingled craftsman house with a stone-pier porch and swing at evening before layered ridges.Self-employed

Do lenders re-check self-employed income before closing?

Lenders re-check your job or business before closing. What self-employed buyers in escrow should hold steady, what can stop a loan, and who to ask first.Sophia Warner · · 6 min read