The Challenges in Underwriting for Today’s Self-Employed Borrowers

National Mortgage News, May 11, 2022–Spencer Lee (subscription)
As lenders seek new clients, many are now looking for opportunities among self-employed and small-business owners. But the bar for self-employed borrowers to qualify for a mortgage comes in a bit higher — and so do the challenges for lenders when determining risk factors.
https://www.nationalmortgagenews.com/news/the-challenges-in-underwriting-for-todays-self-employed-borrowers