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Self_Certification_Loans___Your_Ticket_To_Home_Ownership

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					Title:
Self Certification Loans:    Your Ticket To Home Ownership

Word Count:
503

Summary:
Youve dreamed about owning   your own home for what seems like decades, but
the possibility has always   seemed out of your grasp… until now. With the
help of self certification   loans, you can finally be handed the key to
your personal palace, even   if youre self employed or dont have any proof
of employment for the past   three years.

Self certification loans have been set up by financial institutions to
attract people in your position i.e., those who are self-employed.
Though...


Keywords:
self cert loans,


Article Body:
Youve dreamed about owning   your own home for what seems like decades, but
the possibility has always   seemed out of your grasp… until now. With the
help of self certification   loans, you can finally be handed the key to
your personal palace, even   if youre self employed or dont have any proof
of employment for the past   three years.

Self certification loans have been set up by financial institutions to
attract people in your position i.e., those who are self-employed.
Though you might not have official pay stubs from a third party
organization such as a corporation or employer, that doesnt mean that you
wouldnt be able to keep up with repayments, and financial institutions
have started to realize that.

In years past, self certification loans were generally unheard of a real
tragedy for those persons who desperately wanted to buy property, but
they are finally sweeping the market. This is all in response to the
global competition between lenders, a direct result of the power and
growth of the Internet. Self certification loans have also taken off
because so many people are now working for themselves from their homes
again, a result of cyber commerce.

In a nutshell, self certification loans allow an individual who is self-
employed to, in essence, self verify his or her anticipated annual
income. This can be done verbally by a sort of honour system and/or may
be substantiated with bank statements to assure the lender that the
borrower does, indeed, have accounts with money in them.

Additionally, some applicants of self certification loans choose to hire
an accountant or financial planner to provide the financial institution
with a professional verification of estimated annual income. Again, this
assures the lending institution that the borrower will be a good credit
risk and will pay self certification loans back on or before the time
they are due. Though this will cost some money up front professionals
wont work for free, the investment is well worth it.

One important item to note is that self certification loans do typically
carry with them higher-than-average interest rates however, this shouldnt
be a shock, nor should it be a deterrent for anyone seriously considering
them. Most loans that are essentially riskier for the bank or financial
institution like self certification loans will not offer the lowest
interest rates on the market. Still, if self certification loans are
your only option, those interest rates shouldnt come between you and
doing what youve always dreamed of accomplishing i.e., owning your own
home or condo.

With all the opportunities that self certification loans have opened up
for those who are self employed or cannot provide income documentation
for the past three years, self certification loans shouldnt be ignored as
an opportunity. And many financial institutions now have several self
certification loans options for borrowers just like you.

So check out the self certification loans today and start on the path to
owning your own castle! Youll never regret it, especially years down the
road.

				
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