Income
Buying When You're Self-Employed
Yes, self-employed borrowers can buy. You can qualify with standard tax-return documentation, or — when write-offs make your returns look smaller than your real cash flow — with alternative documentation programs such as bank statement or Non-QM loans.
Why self-employed income looks different
Lenders generally use net income after business deductions. Aggressive write-offs lower taxable income, which can lower the income a lender counts even though your cash flow is healthy.
Alternative documentation options
Bank statement programs review deposits over a set period. Other Non-QM structures use assets or profit-and-loss statements. Terms and pricing differ from agency loans, so it's worth comparing side by side.
What helps your file
Consistent business history, organized records, clean deposit activity and reserves. Reviewing your documentation early leaves time to strengthen the file before you write an offer.
Have a question about your situation?
General guidance only goes so far. Vicky will review your specifics and give you a straight answer.
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