Why Choose Roseville, MN for Homeownership?

Roseville is one of the Twin Cities’ most vibrant communities, making it an excellent place for self-employed professionals to plant roots.

• Prime location – Roseville sits between Minneapolis and St. Paul, ideal for business owners serving both metro areas.
• Thriving local economy – From small businesses to startups, Roseville supports entrepreneurial growth.
• Diverse housing market – Options range from single-family homes to modern condos.
• Community amenities – With strong schools, shopping centers, and recreational areas, Roseville balances work and life beautifully.

For business owners, Roseville isn’t just a place to live—it’s a place to grow.

Shannon Leigh Johnston – Trusted Guide for Self-Employed Borrowers

With years of experience in the mortgage industry, Shannon Leigh Johnston understands the unique financial circumstances of self-employed clients. She works closely with entrepreneurs, contractors, and freelancers across Roseville to find the right loan options.

How Shannon Helps:

• Customized solutions – Matching self-employed borrowers with mortgage programs that fit their income profile.
• In-depth documentation guidance – Helping you prepare the right financial paperwork to streamline approval.
• Local expertise – Her knowledge of the Roseville housing market ensures you make smart investment decisions.
• Long-term strategy – Beyond securing your first loan, Shannon can help plan refinancing or future purchases as your business grows.

Loan Options for Self-Employed Borrowers in Roseville, MN

If you’re self-employed, you still have plenty of ways to get a mortgage. The difference is mainly in how you show your income. Shannon Leigh Johnston works with self-employed borrowers in Roseville to find the loan type that makes the most sense:

1. Conventional Loans – These are the standard loans most people use. They usually require at least two years of tax returns and strong credit. The upside is that they often come with lower interest rates and flexible options for down payments.
2. Bank Statement Loans – Instead of using tax returns, lenders check a year to two years of bank statements to understand your income average. This is especially helpful if your tax returns show less income because of write-offs but your actual cash flow is strong.
3. FHA Loans – These loans are backed by the government and are easier to qualify for if your credit score isn’t perfect. They allow for lower down payments, which can be a good choice for first-time buyers or self-employed workers who need more flexibility.
4. Non-QM Loans (Non-Qualified Mortgage) – These are designed for people who don’t meet the strict requirements of conventional loans. They work well for freelancers, independent contractors, or people with income that changes from month to month. The requirements are more flexible, though the interest rates may be a bit higher.
5. Portfolio Loans – These loans are offered by certain banks or credit unions that keep the loan in-house instead of selling it. Because of that, they can set their own rules and may be more flexible when working with self-employed borrowers who have unique situations.

With the right plan, self-employed borrowers in Roseville can still qualify for competitive rates and fair terms, just like traditional employees.

Step-by-Step Process for Self-Employed Borrowers

Here’s what working with Shannon looks like in Roseville:

1. Initial Consultation – Review income streams, business setup, and loan goals.
2. Documentation Prep – Gather tax returns, bank statements, and other financial records.
3. Loan Strategy – Identify which loan program best fits your business and personal finances.
4. Pre-Approval – Get pre-approved to know your budget and strengthen offers.
5. Home Search in Roseville – Work with local agents to find the right property.
6. Underwriting – Shannon guides you through lender requirements to minimize delays.
7. Closing – Finalize the loan and move into your new home with confidence.