Selfemployed Borrower

Definition of "Self-Employed Borrower"

A borrower who must use tax returns to document income rather than information provided by an employer.

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Related Real Estate Glossary terms

Plottage

The increase in value occurring through the process of combining several contiguous land lots into o ...

Real Assets

Investments you can hold on to all your life or sell for a profit when they have appreciated in val ...

Financial Management Rate Of Return (FMRR)

An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This u ...

Juvenile Insurance

Life insurance on the life of a child. ...

Supplemental Benefit Formula

Procedure in Social Security that sets the benefit level for a dependent of a retired or disabled pe ...

Income Producing Property

Also called investment property. Real property held by a business for investment potential or in ord ...

Related Real Estate FAQ

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

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