Self-Employed Programs

Overview

Traditional lenders overlook business owners. Our alt-doc programs qualify you on gross deposits, 1099 income, or assets — not just your tax return.

Benefits

• 12–24 month bank statement loans
• 1099-only qualification
• Asset depletion / asset utilization
• P&L-only options for CPAs

Typical Requirements

• 24+ months self-employment (most programs)
• 10–20% down typical
• Program-specific credit minimums

Who this is for

Business owners, contractors, commission earners and 1099 professionals whose tax returns understate their real cash flow.

How it works

• Agency underwriting calculates self-employed income from tax returns, adding back certain non-cash deductions. Depreciation and one-time expenses often help; aggressive write-offs often hurt.
• Alt-doc programs qualify differently — 12 or 24 months of bank deposits, 1099 totals, a CPA-prepared P&L, or asset utilization — and are non-agency, so terms are lender-specific.
• The right program depends on which documentation shows your income most accurately.

Common questions

Can I qualify with one year of self-employment?

Some programs allow it in limited circumstances. Most look for a longer history. It depends on the program and your prior work in the same field.

Do write-offs hurt me?

They can. Agency income calculations start from net profit, so deductions that reduce taxable income also reduce qualifying income — which is exactly why bank-statement programs exist.

Which program will I qualify for?

Send the last two years of returns or 12 months of statements and we will run the income calculation both ways.

Guides for self-employed programs

• Bank statement loans explained
• 1099 mortgage loans
• How underwriters calculate self-employed income
• Why self-employed borrowers get declined

You can also estimate a monthly payment with our mortgage calculators or read answers to common Florida mortgage questions.