Many people in this generation find that they are self-employed either by working for themselves, or they are in the “gig economy”. Whether you own your own business or work as a contract worker, you will find that it is hard to get a loan from a bank. This is because traditional lenders such as banks require that you show proof of employment in the form of a W2 statement. As an entrepreneur or a contract worker, you don’t have any W2 forms.  What you need is an Arizona self-employed hard money loan.

At HD Lending, we realize that the lack of a W2 form does not mean that you are unemployed. We offer self employed hard money loans with bank statements as proof of income. W2 forms and pay stubs are not necessary to demonstrate your employment status. Often, all that is needed is six to 12 months of bank statements. As a general rule, it is best to keep your personal banking separate from your business banking so it is easier to determine which transactions are related to your business or contract work.

Arizona self-employed hard money loans from HD Lending are available for first-time home buyers, homeowners who want to refinance, and owner-occupied or investment properties. HD Lending specializes in hard money loans for amounts ranging from 10K to 500K. Loans are approved faster than loans from traditional lenders. If you are self-employed and need to borrow money for buying a house, contact us by email or telephone: (480) 688-8688.