Self-Employed and Buying a Home? Here's What You Need
By Rudy Corona ·
Being self-employed doesn’t mean you can’t get a great mortgage. Lenders have programs that use bank statements, profit-and-loss statements, and other docs instead of traditional W-2s.
Why It’s Different
Traditional underwriting relies on pay stubs and tax returns. Self-employed income can look “lumpy” or be written off for tax purposes, so we use programs that look at your actual cash flow and business health.
What You’ll Need
Common requirements include 12–24 months of bank statements, sometimes a profit-and-loss statement, and possibly tax returns. Exact requirements depend on the program. I’ll tell you upfront what we need so there are no surprises.
Rates and Terms
You can still get competitive rates. We shop multiple lenders and use programs designed for business owners and freelancers. Whether you’re a sole proprietor or run an S-corp, we can find a fit.
If you’re self-employed and ready to buy or refinance in California, book a free consultation and we’ll map out your options.