A Friend Taught Me That It is Possible for Contractors to Purchase Homes

When I began working for myself, I really had it in my mind that everything would be so much easier from then on out. And that was true in some ways, but in other ways, I found myself needing to learn new ways to get things done. Buying my very first home seemed like it might be impossible at first, but looking into contractor mortgages changed all that. A little learning helps me to get further ahead in life.

When I tried to get a home mortgage, I thought it would be a for sure thing that I would get one immediately because I had worked for such a well-known company for a lot of years. It really did not occur to me that I was assuming incorrectly. The loan officer that I was working with pointed out that it was fantastic that I had such a long work record with one company for over 15 years, but because I decided to work for myself instead, creditors simply were not sure that they wanted to take a chance with me and my brand-new, small business. I found myself nervous about my future for the very first time because of it.

Suddenly remembering that I have a friend who contracts and bought a new home, I gave him a call to find out how he was able to do it. I really feared that he might tell me that he had to buy the home with cash in full. But he surprised me when he told me that he decided to go directly to a company that specifically works with contractors to help them get a mortgage. I immediately checked out the company online, and raced to make a phone call. It seemed that there are no hidden agendas and this company was really on the up and up. It turned out to be a great decision to apply for a loan through them.

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