Self Employed Loans
Tailored options for self-employed individuals with flexible documentation requirements, helping you secure the home you deserve.
Descriptions
Self-employed home loans, also known as “non-QM loans,” are a type of mortgage designed for self-employed borrowers who may not meet the traditional lending requirements. These loans take into account a borrower’s income, which may fluctuate and can be difficult to document. Self-employed home loans typically require a larger down payment and a higher credit score than traditional loans, but they offer more flexible qualification requirements.
Self-employed borrowers may also need to provide additional documentation to prove their income, such as bank statements, profit and loss statements, and tax returns. Overall, self-employed home loans provide an option for entrepreneurs and freelancers to achieve homeownership, even if they don’t meet the traditional lending requirements.
- Self-employed home loans are designed for borrowers who are self-employed or have irregular income
- Self-employed home loans typically require a larger down payment and higher credit score than traditional loans
- Borrowers may need to provide additional documentation to prove their income, such as bank statements, profit and loss statements, and tax returns
- These loans offer more flexible qualification requirements than traditional loans
Get approved for your mortgage today and take the first step toward homeownership with ease.
