Can I buy a house as a IT Contractor? - Zillow Real Estate Advice

Usually lenders (in my experiences in the past) have given my self-employed clients loans based on an average of 2 years worth of income...but maybe the times have changed, I don't know.? You are on a W2 because you work for someone, or you own the corporation and pay yourself with a W2??

I highly suggest you contact another lender because that story sounds fishy to me.? If you are looking to buy in California I can give you?a few?loan officer's informations I have done business with in the past so that you can discuss your scenario.? Most of my self employed clients pay all cash now (they got rich in the boom) so finding a solution to your scenario will be useful to me as well for future business.

Best wishes from So-Cal

Source: http://www.zillow.com/advice-thread/Can-I-buy-a-house-as-a-IT-Contractor/464947/

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