Thursday, January 12, 2023
HomeMortgageLoan Programs for self-employed borrowers

Loan Programs for self-employed borrowers


Are you a borrower who is unable to meet the traditional qualifying criteria for conventional mortgages?

MortgageDepot is proud to offer loan options for borrowers who have non-traditional income and need to provide alternative documentation.

Consider these non-traditional borrowers:

  • Freelancers
  • Commission-based workers
  • 1099 Contractors
  • Small-business owners
  • Self-employed borrowers

We may have a unique solution to help you! Our self-employed loan products offers income documentation flexibility and common-sense guidelines that are structured to help the self-employed.

We will accept the following alternative sources of income verification to finance our creditworthy borrowers:

  • 12-Month Personal or Business Bank statements
  • 1099
  • 12 or 24-month CPA Letter
  • W2
  • Asset Utilization Qualifier

Our team has the experience and understanding to assist those with unique circumstances. Contact us to learn more about our self-employed loan product and see how we can help you finance your next loan without having to jump through hoops.

Connect with one of our loan consultants to learn more.

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