🧑💼 Self-Employed Borrowers
Flexible Mortgage Options Beyond Tax Returns
Traditional qualifying usually involves a detailed review of your tax returns. For conventional financing, that often means two years of personal and business returns, but in some cases, only one year may be required—especially with strong credit, low debt, and a sizable down payment.
In fact, if your personal tax return shows increasing self-employment income, business returns may not even be needed. But if your tax returns don’t reflect your true earning power, don’t worry—we have creative programs designed just for you.
🔍 Alternative Income Documentation Options
✅ Bank Statement Programs
Qualify based on your deposits—not your deductions.
- Use 12 or 24 months of personal or business bank statements
- No tax returns required
- Loan amounts up to $3 million
- Expense ratios can be adjusted depending on the business
- Multiple accounts can be used
- Great for entrepreneurs, consultants, and gig workers
✅ 1099-Only Loans
Perfect for independent contractors or commission-based earners.
- Qualify with one or two years of 1099 forms
- No tax returns required
- Loan amounts up to $3.5 million available with some lenders
- Flexible underwriting and credit requirements
✅ P&L Statement Loans
For seasoned business owners whose financial story is better told through their P&L.
- Use a CPA- or EA-prepared profit & loss statement to qualify
- Minimal documentation required
- No bank statements in some cases
- Available for borrowers with 2+ years in business
💼 You Work for Yourself—Let Us Work for You
As an independent mortgage broker, I partner with multiple lenders who understand self-employed borrowers. Whether you’re a small business owner, independent contractor, or full-time freelancer, we’ll find the right loan to fit your income, credit, and down payment.
📞 Ready to discuss options?
Call or text Renee Duval at 603-345-5644. Let’s create a mortgage plan that fits your business and your goals.