Mortgage Solutions for Self-Employed Borrowers
Traditional tax returns don't always tell the full story of a successful business owner’s income. Explore mortgage options that may use bank statements, 1099s, profit-and-loss statements, and other alternative documentation to help you qualify.
Bank Statement Loans
Business owners may have substantial cash flow but show less income on tax returns because of business deductions. Bank statement programs may use eligible business or personal deposits to help determine qualifying income.
Alternative Income Documentation
Depending on the program, you may document qualifying income with 1099s, profit-and-loss statements, or other eligible financial records. The right approach depends on how the borrower earns income and the lender’s guidelines.
Personalized Loan Structuring
Every scenario is different. I work directly with borrowers and Realtors to review the complete financial picture, identify potential financing options, and structure the loan around the borrower’s circumstances.