If they deny you from that, it's like saying self-employment income doesn't qualify.

Jeff,Can you share you experience with these Freddie loans when it comes to self employed borrowers?

@Jagdish Bajaj  I think it is also worth noting that not all of the faculty, staff, students, administrators, etc. of the Schools and Hospitals in University Circle live or want to live within a 5 mile radius of their respective employer.  

Midland has a stable economy but it's heavily reliant on a single employer (Dow Chemical) which has been less than stable. 

Cash flow was not important to him at the time (because he was employed) so he put all the income into paying down the loans one at a time.

With no down payment and being self-employed, I believe this is a way to get into the industry.   

When she goes back to work, we will pay off the loans asap.I keep working as a self employed consultant so I can select jobs that allow a balance with family life.

As an appraiser, he is self-employed and has the ability to act as project manager on a daily basis, in addition to assisting with repair estimates. 

My situation: Currently employed.

Because if you leave your current employer or fired the balance will be due immediately on that loan.