Did You Know?
Around 36% of workers are part of the “gig economy”, working multiple or freelance jobs. The standard mortgage application process doesn’t make it easy for these workers, which requires W2 forms that these individuals may not have. The Self-Employed Mortgage Access Act would enable lenders to accept alternative forms of income and job verifications. The enactment of this law would be a boon to millions of Americans who want to take part in the American Dream of owning a home. (Marketwatch)
