Daniel’s Pro-TIP

Getting a mortgage based on multiple incomes can be a nightmare!

I know that being self-employed offers great freedom and flexibility, but it can be tiresome when it’s time to get a self-employed mortgage. Without a specialist broker, it’s hard to know where to begin.

That’s why I’m sharing this tip to make life a little easier for you.

If your income is generated from multiple sources, you might be frustrated by what traditional banks or mortgage brokers are offering. The good news is you don’t have to be.

Unlike others, we focus on using all your income sources. This often means you qualify for a much bigger loan amount whilst still attracting the best rates on the market.

Online mortgage calculators and other mortgage companies don’t accurately calculate your income therefore many of you are being misled by the figures provided to you.

Whether you have more than one business, receive rental income, investment income, pension income, maintenance payments or all the above, we can help.

We’ll work with you to determine how much income you receive from each income source before confirming exactly what the bank are prepared to lend you.

Knowing these figures and understanding which lender to approach is crucial to avoid your application doesn’t get declined.

Not only can you borrow more money using this strategy, but it also means you can be confident that you’ll get the mortgage you’ve been promised from the start.