Self-Employed

Home loans for business owners

Being your own boss shouldn't make buying a home harder. We specialize in helping self-employed borrowers, freelancers, and business owners qualify using their actual income — not just a W-2.

Get pre-approvedNo credit impact | No commitment

Built for business owners

We understand self-employed income is different. Our process is designed to capture your full earning picture — not just what shows on a pay stub.

No W-2 required — qualify using tax returns, bank statements, or P&L statements
Sole proprietors, LLCs, S-Corps, partnerships, and 1099 contractors welcome
Bank statement programs use deposits — not taxable income — so write-offs don't hurt you
P&L-only options available for business owners with a CPA-prepared profit and loss
Smart document engine tells you exactly what paperwork you need
Fast, digital process — upload docs and get pre-approved online

Three ways to qualify

Unlike traditional lenders that only look at tax returns, we offer multiple paths to prove your income — so your write-offs don't work against you.

Bank Statements

12 or 24 months of deposits

Use your business bank deposits instead of tax returns. We calculate income from your average monthly deposits — so business write-offs and deductions don't reduce your qualifying income.

  • No tax returns required
  • 12 or 24 months of business bank statements
  • Income = average monthly deposits x expense factor
  • Great for borrowers with heavy write-offs
Best for: Business owners whose tax returns understate their actual cash flow

Profit & Loss Statement

CPA-prepared P&L

Qualify using a year-to-date profit and loss statement prepared or signed by a licensed CPA. This option uses your gross revenue minus business expenses to determine income — often higher than what shows on tax returns.

  • CPA-prepared or CPA-signed P&L required
  • Uses gross revenue minus actual expenses
  • Can be combined with bank statements for verification
  • Faster than waiting for tax return filing
Best for: Business owners mid-year or those who haven't filed yet

How it works

From application to pre-approval in four simple steps.

1

Tell us about your business

Select self-employed in the dashboard and enter your business details — name, type, and years in operation.

2

Upload your documents

Upload your last 2 years of personal and business tax returns, or 12-24 months of bank statements if you're using the bank statement program. Our system automatically identifies the forms (1040, Schedule C, Schedule E, K-1) and tells you if anything is missing.

3

We calculate your qualifying income

We apply Fannie Mae income guidelines — adding back depreciation, averaging over 2 years, and accounting for your business structure — to find your true qualifying income.

4

Get your pre-approval letter

Once your income, credit, and assets are verified, you get an official pre-approval letter you can use to make offers.

How we calculate your income

Sole Proprietor

Schedule C net profit + depreciation addback, averaged over 2 years

Partnership / LLC

K-1 income from Form 1065 + guaranteed payments, adjusted for ownership percentage

S-Corporation

W-2 wages from corp + K-1 distributions from Form 1120S, plus depreciation addback

Rental Income

Schedule E net rental income + depreciation addback, with lease agreements

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Mortgage Payment Calculator

Estimate your monthly payment with taxes, insurance, and PMI

$
3%50%
4%10%
$2,632
Estimated Monthly Payment
Principal & interest $2,076
Property tax (0.60%) $200
Insurance ($4,280/yr) $357
Loan amount$320,000
Total interest paid$427,185

Frequently asked questions

What documents do self-employed borrowers need?+
How is self-employed income calculated for a mortgage?+
Can I qualify with only 1 year of tax returns?+
What if my tax returns show low income because of write-offs?+
How does the bank statement program work?+
Can I use a P&L statement instead of tax returns?+
Do I need a business license or EIN?+
What business types qualify?+

Self-employed? Let's get you pre-approved.

Our smart document engine tells you exactly what you need. No surprises, no runaround.

Start your application