Mortgage loans for the self-employed both benefits and drawbacks. One benefit is that they provide flexibility for independent contractors who might not have a reliable source of income. This implies that even if your income varies annually, you may still be eligible for a mortgage loan. The ability to deduct mortgage interest from taxes is another benefit of Self Employed Mortgage Loan Services in Houston TX. Due to the potential tax savings, the higher interest rates on self-employed home loans may be somewhat compensated.