There's no question that it could be more difficult for you to get a mortgage loan if you are a free lance viola player than if you are a government accountant. Traditionally, lenders have been more cautious when evaluating loan applications of buyers who are self-employed than people who work for a regular salary.

However, if you are self-employed, there is no reason for you to shy away from applying for a home mortgage loan, especially if your earnings have been in the same field for at least two years. It is a good idea to meet with one or more loan officers before you begin your search. They will probably want to analyze your tax returns for the past 2 or 3 years, keeping in mind that many self employed people can look impoverished on paper, since you can write off some expenses that salaried individuals can not. Try to get pre-approval from the lender, and ask for a letter stating that you have pre-qualified for a loan which your real estate agent can attach to any offer you submit on a home. This will make you more attractive to the sellers.

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Sherri Melton
Keller Williams Realty Augusta Partners
3633 Wheeler Rd., Ste. 125
Augusta, GA 30909
706-495-1135
Fax: 706-364-1963
SherriMelton@NUMBER1EXPERT.com

Sherri is dedicated to accomplishing her clients goals whether that may be buying or selling around Augusta. You will find her high energy level, integrity, and driven work ethic are second to none. Sherri was the # 1 Sales Agent for 2009 with Keller Williams Realty Augusta Partners. She was nominated Associate to receive the WI4C2TS award in 2008. This reflects the company culture: WIN-WIN - or no deal, INTEGRITY - Do the right thing, CREATIVITY - Ideas before results - CUSTOMERS - Always come first, COMMITMENT - In all things, SUCCESS - Results through people, TEAMWORK - Together everyone achieves more, COMMUNICATION - Seek first to understand, and TRUST - Starts with honesty. A stickler for high standards, exceptional service and a reputation for results, you will feel very comfortable with Sherri. Sherri is also an Accredited Staging Professional Agent. She offers this service to all sellers because a Staged home gives you the competitive edge you need in todays market! 94.8% of ASP Staged Homes sell on average in 37 days or less. She serves on the Associate Leadership Council as Culture Chair for Keller Williams Realty Augusta Partners.

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