I remember when my husband was self-employed and we were looking at upgrading to a larger house. At the time, our realtor explained to us a self-certification mortgage. We considered it for a period of time while we were making our housing decision. In the end, we decided to wait to upgrade to a bigger house. According to a story I read on Financial News, seems more and more, people are becoming self-employed and are using the self-certification mortgage as an option. Whenever I think about the rising costs in gas, utility bills and even the cost of food, I know why people are becoming self-employed instead of dealing the every day. I remember when gas prices were high my husband was telling me he was losing money at the end of the day driving to work. If you are having financial struggles and you were losing money, that would make one consider becoming self-employed. How many self-certification mortgages has any of the readers actually done?
