Heidi?s Bridge

Yes, it?s possible, but you?ll have to do more paperwork than the average homebuyer The Bureau of Labor Statistics estimates that more than 10 million Americans will be self-employed by 2026, and the sixth-annual Freelancing in America report from Upwork and the Freelancers Union places those estimates even higher, suggesting that as many as 53 percent of Gen Z workers freelanced in 2019 when one factors in the emergence of gig-economy jobs.
Whatever the number, many Americans rely on some measure of freelance and/or contract work to make ends meet part- or full-time. Those who do it successfully may come to a point when they are ready to become homeowners, even with a less traditional job situation. Applying for a mortgage as a self-employed individual can be tricky, but there are a few key ways to look your best in front of banks. Here are some places to start. Be prepared to explain your work history?a lot
When Davita Scarlett, 32, began the process of applying for a loan, her mortgage broker warned her that she would need to explain both her employment record and her industry throughout the process.
Scarlett had spent several years working as a TV writer in Los Angeles?a job that can look incredibly sporadic on paper. As she explains it, a season of television takes about six months to write depending on the number of episodes. When those six months are up, the writers room goes on break and then comes back the next season if it has been picked u...