Start with standard options
Being self-employed does not automatically mean you need a non-QM loan. We first review whether a conventional or government-backed option may fit.
Self-employed & non-QM
Your income has a story. Let’s understand it.
Running a business or earning income differently can make a mortgage conversation more detailed. We start with how your income works and explore the documentation available to support it.
When to consider self-employed & non-qm
You are self-employed, have multiple income sources, or want to understand alternatives when standard documentation does not tell the whole story.
Explore alternatives carefully
Some lenders offer different documentation approaches. Availability, rates, down payments, reserves, and eligible properties vary.
Understand the tradeoffs
Alternative financing can have different costs and features. We’ll explain the payment structure, any prepayment terms, and what the lender needs before you decide.
Start with how your business earns income
Does self-employment mean I need a special loan?
Not automatically. Start by reviewing standard financing and the records available to document your income. Alternative documentation may be worth exploring when a standard approach does not fit; lender requirements and costs vary.
What should I prepare for the first conversation?
Be ready to explain your business, how you pay yourself, income changes, and any other income sources. Your broker can explain which records the lender needs. Share documents through the secure application, not chat.
Learn more: CFPB: Loan types and features. Program and lender requirements vary.
Your next step
Make your income picture understandable.
Start with a conversation about how your income works. We will identify the documentation to review before narrowing down financing options.