Self-employed? How lenders may review income.

Self-employed income can require a different documentation path from salaried income. The lender still needs evidence that supports the borrower, business, property, and requested mortgage.

How Income May Be Reviewed

Depending on the lender and program, a review may consider personal tax documents, business financial statements, bank deposits, contracts, invoices, and the nature and history of the business. No single document guarantees that income will be accepted.

What You Need to Prepare

Even with alternative programs, preparation matters. Here's what to have ready:

1. Tax documents: personal and corporate returns or notices, when applicable
2. Business records: financial statements, registration, and ownership details
3. Deposit history: statements that help explain recurring business revenue
4. Down payment evidence: source and history of funds for a purchase
5. Property details: purchase, valuation, occupancy, and rental information

What About Interest Rates?

Rates, APR, fees, available loan-to-value, and lender requirements are file-specific. They depend on the complete borrower and property review and cannot be inferred from self-employment alone.

Our Approach

A broker can help organize the income story, identify missing documents, and determine which lender paths may be relevant. Approval, terms, and timing remain subject to lender underwriting.

Ready to get started? Start the mortgage intake. The initial review does not require a hard credit check; a lender application may require consent to obtain credit.