Seeking Advice - Conventional Financing for Self Employed

[Andrew Blanks]

I spoke with my lender last week and he told me that as of I believe June 4th or so, Fannie edited their guidelines and it is basically impossible for a self employed (no W2) person to get conventional financing right now. Even primary res. He’s been doing this 25 years and only ever given me excellent advice. I still found it hard to believe so I called up a random internet mortgage company. Aimloan.com. They said the same thing. They said the same thing. Spoke with a closing attorney who told me the same thing. Any thoughts on this? Has anyone out there who is completely self employed (no W2 income) closed a conventional mortgage with an application date after 6/4/20? Thanks in advance!