Pembroke Pines, FL -- (ReleaseWire) -- 07/11/2008 -- There’s no denying that there are tons of benefits that go along with being small business owner. But along with the freedom of being your own boss, most Fort Luaderdale small business owners probably thought one of the things they wouldn’t have much choice about is their mortgage. After all, mortgage lenders are traditionally hard on self-employed borrowers, right? Not necessarily.

In fact, says Marlon Baugh, a Loan Officer with Specialized Financial Solutions, LLC, it might actually be easier to get a mortgage when you’re a small business owner. If you know where to look, that is.

“What most people don’t know is that many lenders are eager to work with small business owners,” “And because of the unique loans they offer that are designed specifically for entrepreneurs, you might actually wind up going through less hassle during the process than your neighbor, who depends on the good graces of a boss for his livelihood.”

Here are some quick pointers on shopping for a loan when you’re self-employed:

*Look for lenders that will let you verify your income in ways that don’t require tax returns or pay stubs. Bank statements, for example, can be much better indicators of cash flow.

*Explore stated loans or no-doc loans. Stated or No-doc means what it sounds like – you don’t have to provide all of the supporting documentation most borrowers do. You simply tell the lender what your income is. You’ll usually need good credit scores or a larger down payment for this type of loan.

*Get your accountant to sign off on a profit-loss statement. Some lenders can use these as “verification” of your income from self-employment. This should be a simple thing to put together, especially if you have an accountant prepare your taxes every year.

*Ask the experts. Entrepreneurs don’t have the time to shop around for lenders who offer these kinds of loans. So do what you would do in your business. Ask an expert. Mortgage brokers have access to dozens of lenders and mortgage products many people don’t even know exist. They can streamline the process and make it easy to get the home you want, at a price you can afford.

Pembroke Pines, Florida - based mortgage expert Marlon Baugh specializes in providing information to Florida Small Business Owners that allows them to make informed decisions about their mortgage financing options and learn the insider secrets that can save them thousands of dollars over the life of their loan.

Marlon Baugh is available for interviews and will welcome all your commercial mortgage related questions.

Call 954-678-5796 Ext.1 for a Free No-Obligation Consultation or visit

http://specializedfinancialsolutions.com/commercial.htm