Self-Employed Borrower is any individual who has a 25% or greater ownership interest in a business.

Typically, the following factors must be analyzed before approving a mortgage for a self-employed borrower:

• Stability of the borrower’s income;

• Location and nature of the borrower’s business;

• Demand for the product or service offered by the business;

• Financial strength of the business; and

• Ability of the business to continue generating and distributing sufficient income to enable the borrower to make the payments on the requested mortgage.