Anonymous
Anonymous asked in Business & FinancePersonal Finance · 1 decade ago

Who can get easier mortgage employed or self-employed person?

2 Answers

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  • 1 decade ago
    Favorite Answer

    It all depends on your ability to repay the loan.

    So if you are unemployed, but get a monthly income from a Trust or some other source on a regular basis, then it shouldn't be hard to do.

    Remember, the loaning bank only wants to get their money back with the appropriate interest. They do this for money, and that's all they really care about.

    cheers

  • npk
    Lv 7
    1 decade ago

    All other things being equal, probably an "employed" person because their income is easier to verify.

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