Self-Employed? Getting a Mortgage Might Be Trickier Than You Think
If you’re self-employed, getting a mortgage can feel like a whole different game. Even if your business is doing well, lenders don’t always see your income the same way you do.
Why? Because when you write off expenses or keep money in your business, your taxable income looks smaller and that’s what most lenders use to decide how much you qualify for.
But don’t worry, there are options made just for you.
💡 The Good News: Stated Income Mortgage Programs
If you have:
✅ Strong credit
✅ A solid down payment
✅ Good overall financials
You could qualify for a stated income mortgage, where lenders consider your actual earnings and business performance, not just what’s on your tax returns.
These programs are designed for entrepreneurs, freelancers, and small business owners who might not have traditional income documents but can show financial stability in other ways.
🏠 Tips to Boost Your Chances
Keep your credit score strong. Pay bills on time and avoid new debts before applying.
Prepare detailed financial documents. Show consistent income through bank statements or business invoices.
Work with a mortgage broker who understands self-employed borrowers. They can connect you to lenders open to alternative income verification.
📞 Let’s Make It Happen
Being your own boss shouldn’t hold you back from owning a home. With the right strategy and the right lender, it’s absolutely possible.
👉 DM me or book a call to explore the best self-employed mortgage programs for your situation.
