Self Certified Mortgage
Self Certified Mortgage | Make Your Cash Count
Self certified - An Explanation
In a world where the 9am-5pm job is becoming a thing of the past for many, a self certified mortgage is helping all those who just don't comply to the traditional work pattern. Many people regularly work overtime to help increase the amount of money coming in, while others are taking on other jobs as an additional source of income. If you work hard to get this extra money, it should be taken account of and this is where a self certified mortgage can really make a difference.
A self certified mortgage allows you to have a greater say in how much money you borrow. A normal mortgage takes what is said in your weekly or monthly payslip and makes a decision on that. However, it often won't take into account a second job, which could boost the amount you can borrow significantly. It also won't take into account a bonus, which you might know you'll be getting but you cannot prove to the lender. A self certified mortgage helps you make all the money that you have worked so hard for work for you.
But it's not just those who are earning extra cash that a self certified mortgage can help. For those who are running their own business, they often find it difficult to provide a guarantee that their income will remain exactly the same for a prolonged period of time, especially over the entire length of a mortgage. Therefore, a self certified mortgage could be right for them as this allows them to say how much they can afford to repay. Most lenders will require paperwork which goes back over a fewmonths to show what level of income you are 
generating through your business. However, the fact that the lender doesn't require payslips to show an exact amount of money you are being paid means that you can get an amount of money you know you can afford to repay, even if you don't have the means to prove it.
So a self certified mortgage could be the solution you have been looking for if you know that you can afford it but just don't have a way of showing it exactly. A self certified mortgage is there for those people who have worked hard but cannot make all the money they have earned fit into the structure of a normal mortgage. You have worked hard for that cash. Don't let it waste its potential. A self certified mortgage can make it count.
