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Alexandro De La RosaMortgage Advisor

Self-employed & business owners

Your income doesn’t always fit in a W-2 box.

Business owners, 1099 earners, and entrepreneurs often have income that’s real but complicated to document. Let’s look at how your income may be reviewed — and which options may be worth exploring.

About a minute. No credit check. No obligation.

What Alexandro looks at

Potential ways income may be considered

Every lender and program has its own rules. These are the pieces that usually shape the conversation:

Business income

How your business is structured (sole proprietor, LLC, S-corp, partnership) affects how income is calculated.

1099 income

Independent contractors may have options that review 1099s, depending on the lender.

Multiple income sources

W-2 plus side business, rentals, or several 1099s — Alexandro looks at the full picture.

Tax returns

Traditional full-documentation programs use tax returns; how deductions are treated matters.

Bank statements (where applicable)

Some programs review 12–24 months of deposits instead of tax returns. Requirements vary by lender.

Asset-based considerations (where applicable)

Some programs consider significant liquid assets as part of the income picture.

Alternative-documentation programs are not available from every lender, often have different requirements and pricing than traditional loans, and do not guarantee approval. Having bank statements, 1099s, or assets does not by itself mean you qualify. All loans are subject to underwriting and lender guidelines.

Why a broker helps here

Different lenders read the same income differently.

Your situation deserves to be reviewed before someone tells you that you don’t qualify. Because Alexandro works with multiple lenders, he can compare how different programs may treat your income — instead of fitting you into one lender’s box. Whether an option fits still depends on your details and lender guidelines.

Helpful to know going in

  • How long you’ve been self-employed
  • How your business is structured
  • Which documents you have (returns, 1099s, statements, P&L)
  • Your goal: buy, refinance, access equity, or invest

Loan programs, terms, availability, and eligibility vary by state, lender, property, and borrower profile. Not every program is available in every state. Licensing information.

FAQ

Self-employed mortgage questions

Straight answers in plain English. For anything specific to you, Alexandro can walk through it.

Why is getting a mortgage harder when I’m self-employed?

Traditional programs often calculate income from tax returns after business deductions — which can make qualifying income look lower than what you actually earn. Documentation can also be more complex when you have multiple income sources.

What is a bank-statement loan?

Some lenders offer programs that review 12–24 months of bank deposits instead of tax returns to evaluate income. These are typically non-QM loans, and requirements and pricing often differ from traditional loans. Having bank statements does not by itself mean you qualify.

How long do I need to be self-employed?

It varies by program and lender. Many look for a history of self-employment, and some may consider related prior experience. Share your situation and Alexandro can tell you what’s worth exploring.

Should I talk to my CPA first?

It’s a great idea to involve your CPA, especially before filing returns in a year when you plan to buy or refinance. Alexandro can coordinate with them on what a lender may need to see.

Let’s review your situation.

Share your goal and timing — no documents needed yet. Alexandro will follow up to review how your income may be documented.

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