Borrower situations

Self-employed

Borrowers who own a business or work for themselves, whose taxable income may understate their cash flow.

Why it is hard

Tax write-offs reduce qualifying income, so the loan officer must know both agency self-employed rules and alternative documentation options.

What to ask a loan officer

How will you calculate my income from my tax returns?
Would a bank statement or P&L loan qualify me for more?
Do I need two years of self-employment history?

Also called

self-employed, self employed, business owner, own my business, entrepreneur, small business owner, sole proprietor

Find a loan officer

Ranked loan officers by state and city are coming soon. Agents can query now: /api/v1/loan-officers?specialty=self-employed&state=FL or this specialty as JSON.