Self-Employed & Business Owner Mortgage Loans
If you're self-employed, own a business, or get paid via 1099, you're not "hard to lend to" — you're just evaluated differently. Many of my clients are financially strong but get told "no" because their income doesn't fit a traditional W-2 box.
The good news is: there are solid mortgage options for self-employed buyers when the loan is structured correctly.
How Self-Employed Mortgages Work
Traditional lenders look at tax returns and net income. That can be frustrating if you've done the smart thing and taken legitimate write-offs. Alternative loan programs allow us to look at income differently — without misrepresenting anything.
Common Options for Self-Employed Buyers
- Bank statement loans (12–24 months of deposits instead of tax returns)
- 1099 income programs
- Asset-based qualification in some cases
- Traditional conventional or FHA loans when income supports it
Common Questions About Self-Employed Mortgages
Do I need two years of self-employment to qualify?
Usually yes, but there are exceptions depending on industry history and income stability.
Will my write-offs hurt my chances?
They can with traditional loans. Bank statement programs are often a better fit for business owners.
Are self-employed loans more expensive?
Often slightly higher rates, but many clients value approval and flexibility over chasing the lowest rate.
Can LGBTQ+ couples both be self-employed on one loan?
Yes. We just structure the file so each income stream is documented cleanly.