- Bank statement loans: how they work for self-employed borrowers
Bank statement loans let self-employed borrowers qualify using deposit activity instead of tax returns. Here is how the math works, what deposits count, and who this financing path fits.
- Mortgage qualification when you're self-employed or a 1099 worker
Self-employed and 1099 income is assessed differently than a salary, but it is a normal, well-served category. Here's how qualification actually works.
Important disclosures
- Planning estimates only. Not an approval, pre-approval, guaranteed qualification, guaranteed rate or lending decision.
- This is not a commitment to lend.
- Final eligibility requires lender and licensed MLO review.
- Rates, pricing, guidelines and program availability change and vary by borrower and property.
- Program availability varies by state.
- Equal Housing Opportunity.