Freddie Mac Self-Employed Income
Did you know effective 3/6/17; Freddie Mac implemented a change to the document requirements for self-employed borrowers?
Documentation Requirements – The number of years of required tax returns will be based on the number of years the business has been in existence
• For businesses operating for five or more years, one year of business and personal returns will be required
• For businesses operating for less than five years, two years of business and personal returns will be required
AUS feedback will be followed. Additional information may be required based on documentation provided.