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Updated almost 2 years ago, 12/06/2022

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Lukas S.
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Getting conventional/fha loan as self employed

Lukas S.
Posted

Hello,

I'm looking to purchase a property to live in and want some advice on if getting a conventional loan is possible. I have 2 years of tax returns increasing from 60k to 160k from 2020 to 2021. This year it will be around 300k and I have around 300k in cash saved up. However, these have been made from various activities such as sports cards and nfts that are a bit more volatile which is where I am worried on how this process would work. I'm ideally looking to buy something around 200-300k range. If anyone has some advice that would be greatly appreciated.

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