Entrepreneurship and side jobs are especially popular right now. There are 15 million self-employed workers in the US and Chicago alone is home to tens of thousands of small businesses.
While self-employment can give you more freedom and great satisfaction, it can also add some real challenges when trying to buy a home. Luckily, some lenders - including FFCU - have more flexibility and can help you jump the hurdles.
Let's walk through some of the common challenges that self-employed workers, freelancers and contractors face when trying to buy a home; a member's recent home buying story; and some tips you can use to get ready for your home purchase.