Veterans United's video: Getting A VA Loan Using Self-Employment Income

Self-employment income can be less consistent than income from a salaried position. That inconsistency will often trigger additional scrutiny from a lender. In most cases, self-employed applicants will need two years of tax returns and other key business documents to verify their income and contend for a VA loan. With a whiteboard and marker, VA loans expert Chris Birk details how borrowers can obtain a VA home loan when self-employed. Time Stamps 0:25 - Verify Income Stability 0:35 - What Qualifies as Self Employment 1:22 - Documents Required to Prove Stability 3:20 - Net Profit 3:30 - Real World Example Watch the entire VA Loan Guide to Homebuying here: https://www.youtube.com/playlist?list=PLqOgmUZWNUP76GpMSbXTx-KNfJljUSUFk Learn more about biweekly mortgage payments: https://www.veteransunited.com/education For more on homeownership and mortgages, follow us on: Facebook: https://www.facebook.com/vuhomeloans/ Twitter: https://twitter.com/VeteransUnited Instagram: https://www.instagram.com/veteransunited TikTok: https://www.tiktok.com/@veteransunited VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203 Veterans United Home Loans NMLS (www.nmlsconsumeraccess.org). A VA approved lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency. Licensed in all 50 states. For state licensing information, please visit www.veteransunited.com/Licenses. Equal Opportunity Lender