The questions a lender will ask are the same ones you should be asking. I didnâ€™t understand the double taxing statement. I understand cutting your benefits if that was the motivation or not paying unemployment, but double taxation is a new one on me. If you opened the discussion with that statement I would ask for an explanation.
But say that is the reason, you should still be interested in the same things a lender will be, all of the ideas below have some merit, but say you get past the two year issue. One thing a DE underwriter will ask is how long will the position continue. The track record is only half of the equation, it establishes a trend, the other half is how long will it continue, and that magic number is 3 years, not 2. If you have a contract with the company that covers at least that long is should not be a problem. If the company says they can terminate the agreement tomorrow that is a problem.
NMLS # 6395
Financing Kentucky One Home at a Time... more