Purchase
Self-Employed Loan
Options that look at how business owners really earn, including bank statement loans.
What it is
If you own a business, your tax returns may not show your true income. I offer conventional options plus alternatives that use bank statements or other documentation.
Who it's great for
- Business owners
- 1099 contractors
- Real estate investors
Key features
- Bank statement income options
- 1099 and P&L programs
- Purchase or refinance
General requirements
- Usually 2 years self-employed
- 12-24 months of bank statements (alt-doc)
- Larger down payment on some programs
- Credit and reserves per program
General guidelines only. Every loan is subject to credit approval, underwriting and property review. Not a commitment to lend.
Common Questions
Can I qualify with my tax returns?
Often yes. If write-offs lower your income too much, we have other paths.
Are rates higher on bank statement loans?
Usually somewhat. I'll show you the comparison honestly.
What if I'm newly self-employed?
Some programs allow less history. Let's talk.
Do I need a CPA letter?
Sometimes. I'll tell you exactly what's needed.
Is a Self-Employed Loan Right for You?
Let's talk about your situation. Honest answers, no pressure.
NMLS #172296 | Licensed in Colorado