Self-Employed
Self-employed? You have more options than you think.
Being your own boss shouldn't stand between you and a home. It just calls for a smarter approach to documenting income.
Self-employed borrowers often show lower taxable income after deductions, which can make traditional qualifying harder. The solution isn't fewer options - it's the right program for how you actually earn.
From conventional loans using tax returns to bank statement and alternative-income programs, there are proven paths for business owners, freelancers, and 1099 earners to buy or refinance.
Quick facts
- Programs
- Conventional & bank statement
- Docs
- Returns, 1099s, or bank statements
- History
- Often 1-2 years self-employed
Key advantages
- Conventional financing using tax returns
- Bank statement loans based on deposits, not tax returns
- 1099 and profit-and-loss based options
- Strategies tailored to how your business actually earns
What to keep in mind
- Two years of self-employment history is often preferred
- Alternative-income programs may carry different pricing
- Clean, organized documentation makes approval smoother
Frequently asked questions
Let's document your income the right way.
Bring your questions - we'll find the program that fits how you actually earn.
This information is for educational purposes only and is not a commitment to lend or a guarantee of approval. Program guidelines, rates, and eligibility vary by lender, location, and individual circumstances and are subject to change. Please consult a licensed mortgage professional for guidance specific to your situation.