NY Self-Employed Mortgage is a set of plain-English guides for business owners, 1099 contractors and other self-employed New Yorkers who want to buy or refinance a home, especially when their tax returns don't reflect what they actually earn.
Who's behind it
This site is a resource from ClearPoint Mortgage Advisors. In New York, ClearPoint Mortgage Advisors is a trade name of The Newfinity Group INC. (NMLS #1192844), a Registered Mortgage Broker – NYS Department of Financial Services, Registration #RMB 208680. The Newfinity Group INC. is a registered mortgage broker and does not make mortgage loans. Loans are arranged with third-party lenders. In New Jersey, Florida, Connecticut, Pennsylvania and Virginia, loans are offered through Cornerstone First Mortgage, LLC (NMLS #173855). When you answer the questions on this site or call the number shown, your information goes to ClearPoint Mortgage Advisors and a licensed loan officer follows up.
- Steven Grodzinski, Senior Mortgage Advisor, NMLS #1128312
See licensing and disclosures for full details. This site focuses on New York.
How we write these guides
- Answer first. Each page starts with a direct answer, then explains the nuance.
- Sourced facts. Figures such as conforming loan limits, New York recording taxes and Fannie Mae self-employment rules come from primary or well-established sources, which we link on the page.
- No promises. Mortgage programs vary by lender, borrower and property. We describe how documentation paths generally work and never promise approval, rates or terms.
- Not tax advice. Some pages discuss how write-offs affect qualifying income. Talk with your CPA or tax preparer before changing how you file.
Contact
The fastest way to reach an advisor is the short questionnaire on any page. You can also reach ClearPoint Mortgage Advisors at [email protected].