Self-Employed Mortgage Access Act

S 540

House

U.S. Senate

Sponsored By

Mark Warner (VA)

D-VA

Addressing

Access to Benefits

Status

Introduced

Summary

This bill is a solution for non-traditional workers, who have difficulty getting a mortgage because they cannot show traditional proof of income. Establishing proof of income for any independent worker can be problematic. Without a reoccurring, regular cadence, like a paycheck for a traditional employee, establishing credit worthiness is always a challenge for independent workers. We do not believe there will be any further legislative activity on this bill.

The Association of Independent Workers

535 Griswold Street Suite 111-556 Detroit, MI 48226

1341 G Street, NW  Suite 1100 Washington, DC 20005

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