I am a mortgage loan officer for Bank of America in San Rafael, CA. How did you decide on your price range? You had stated that you can't document income. I work with a lot of self-employed people and being self-employed doesn't disqualify you for a loan. How much can you document? Do you file a schedule C and write everything off? Lenders are asking for tax returns for loans so your write offs may affect the adjusted gross income for you and your husband. When you are ready, you may call or email me for more information on what loan options you have for buying your first home. FHA loans allow higher ratios than conforming loans so if you are adamant about purchasing a home in the price range you stated. This might be an option for you.
You can reach me at (415)482-0420, ext 231 or by email: email@example.com
I look forward to helping you answer your home loan questions.
Bank of America Home Loans
1299 4th St, Ste. 502
San Rafael, Ca 94901... more