Multiple documentation paths
Traditional tax-return review may be compared with eligible bank-statement, 1099, P&L, asset-based or one-year documentation programs where available.
Apply securelySelf-employed mortgages
Mortgage options built around how you actually earn.
Self-employed borrowers often need more than one income calculation. Straight Deal Mortgage can compare traditional documentation, bank-statement, 1099, profit-and-loss, asset-based and other eligible paths through a broad lender network.
Start with the scenario
Built for eligible business-owner and contractor scenarios.
Straight Deal Mortgage can compare eligible programs across a broad wholesale network and help identify the documentation and execution path that fits the complete transaction.
How the program works
Qualification built around the right information.
Business context matters
Ownership history, revenue consistency, expense treatment, liquidity and entity structure can all affect the best qualification path.
Broker comparison advantage
Different lenders treat self-employed income differently, so comparing program rules can be as important as comparing rate.
A clearer path forward
What to expect.
- 01
Review the income picture
Share business type, ownership history, compensation method, tax-return status and available bank or asset documentation.
- 02
Compare possible calculations
Evaluate whether traditional, alternative-documentation or asset-based programs may provide the clearest path.
- 03
Prepare the file
Gather the documentation required for the selected program, including statements, business records, credit, assets and property details.
- 04
Move through underwriting
Confirm final income calculation, conditions, reserves and program eligibility before closing.
Common questions
Answers before you apply.
Can self-employed borrowers qualify without using tax returns?
Some alternative-documentation programs may qualify eligible self-employed borrowers without using tax returns for the income calculation, but lenders may still require business, ownership, asset, credit and property documentation.
Are bank-statement loans the only option for self-employed borrowers?
No. Depending on the borrower and transaction, conventional, jumbo, 1099, profit-and-loss, asset-based, one-year documentation or other programs may also be worth comparing.
What documents should a business owner prepare?
Useful starting documents may include recent bank statements, tax returns if available, business formation records, profit-and-loss information, asset statements, identification, credit authorization and property details.
Do self-employed mortgage rates differ from regular mortgage rates?
Pricing depends on the program, documentation type, credit profile, loan-to-value, property, occupancy and market conditions. Alternative-documentation loans may price differently than traditional agency loans.
Continue researching
Read the detailed mortgage guide.
Learn the terminology, common documentation, potential tradeoffs and questions to ask before choosing a program.
Review P&L mortgage qualification → · Review 1099 mortgage qualification → · Review asset-based qualification →
Program terms, documentation, pricing, lender participation, property eligibility and availability vary by transaction and jurisdiction and may change without notice. All loans are subject to application, credit approval, property review, underwriting requirements and applicable law. This is not a commitment to lend.