Jorge Alba, Mortgage Advisor | NMLS #1935035 | Licensed in CO, CA, AZ
Free guide, instant download
Self-employed? There's more than one way to qualify.
A simple guide to four mortgage options designed for self-employed borrowers. Learn how you may qualify using your business income, even if your tax returns don’t tell the full story.
By Jorge Alba
Loan Advisor Group, NMLS #1647915
- No cost to download
- Free
- No cost to download
- Short and practical
- 4 pages
- Short and practical
- Licensed states
- CO, CA, AZ
- Licensed states
- Free call with Jorge
- 15 min
- Free call with Jorge
What's inside
Four ways to qualify when you're self-employed
The best option depends on how you earn, what documentation you have, and the funds you can use.
-
Bank statement loan
Qualify on 12 months of eligible deposits. From 10% down, 660+ credit*.
-
1099-only loan
Use two years of 1099s instead of tax-return net income. From 10% down, 660+ credit*.
-
Profit and loss loan
Qualify with a reliable P&L statement. From 20% down, 660+ credit*.
-
Asset depletion loan
Turn eligible savings and investments into qualifying income. From 20% down, 680+ credit*.
- *Illustrative program starting points. Actual minimums, pricing, required history and eligibility vary by lender.
Jorge Alba
Mortgage Advisor | NMLS #1935035
I've spent the past six years helping families and business owners find the right financing for their homes and investments. I have experience with everything from traditional mortgages to bank statement, DSCR, and fix-and-flip loans. I enjoy finding solutions that make sense for each client's situation and helping them reach their real estate goals.