Empowering Self-Employed Homebuyers

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What is a Self-Employed Mortgage?

A Self-Employed Mortgage is tailored for individuals who run their own business or work as freelancers. Traditional mortgage lenders often rely on W-2s and pay stubs for income verification. Instead, these mortgages allow for alternative documentation, such as bank statements, profit and loss statements, and other financial records, to demonstrate income.

Our Self-Employed Mortgages offer flexible income verification and competitive rates, making it easier for entrepreneurs and freelancers to secure the financing they need to purchase or refinance a home.

Loan Benefits

Flexible Income Verification

Use alternative documentation, such as bank statements or profit and loss statements, to verify your income.

Competitive Rates

Enjoy favorable interest rates tailored to your unique financial situation, helping you save money over the life of your loan.

Personalized Service

Benefit from expert guidance from our experienced loan officers, who understand the needs of self-employed borrowers.

Eligibility Requirements

Minimum of 12-24 months of self-employment
Bank statements, profit and loss statements, or other financial records to verify income
Good credit score (specific score requirements vary)
Proof of sufficient assets to cover down payment and closing costs
Debt-to-income ratio within acceptable limits
No significant recent financial issues (e.g., bankruptcies, foreclosures)

Start your Self-Employed Mortgages Application

Frequently asked questions

What documentation is needed for a Self-Employed Mortgage?

Typically, you'll need bank statements, profit and loss statements, or other financial records to verify your income.

Can I use a Self-Employed Mortgage to refinance my existing mortgage?

Yes, Self-Employed Mortgages can be used for both purchasing a new home and refinancing an existing mortgage.

What is the minimum credit score needed for a Self-Employed Mortgage?

While requirements vary, a minimum credit score of 620 is typically needed to qualify.

How does the approval process for a Self-Employed Mortgage differ from traditional loans?

The process focuses on alternative income verification methods and may require more detailed financial documentation.

Are there any restrictions on the types of properties that can be financed with a Self-Employed Mortgage?

These loans can be used to finance a variety of property types, including primary residences, second homes, and investment properties.

See what our clients say about us

We are humbled by the kind words of our clients. And we are happy that we were the ones to help turn their mortgage goals into reality.

First-Time Homebuyers' Delight

Suzie and the Truss Financial Group exceeded our expectations in securing our mortgage as first-time homebuyers. Suzie's expertise and guidance made the potentially daunting process incredibly smooth and manageable.

Robert F.

San Tan Valley, AZ, Software Engineer

Great for Bank Statement Loans

I did a bank statement income loan and it chose to not include some deposits. This is just a heads up, not a complaint. Truss is definitely a good company, and I would ABSOLUTELY work with them again. Marcus was honest and helpful throughout the process.

Berj F.

Concord, CA, Business Owner

Personalized Service

"I am more than pleased to work with Delania Tak and would confidently recommend her to anyone seeking reliable assistance in securing a loan. Her commitment to excellence and personalized care make her an exceptional choice."

Howard L.

CA, Real Estate Investor

Cash-Out Refinance Made Easy

Thank you so much to Guillermo Correa and Truss Financial. They made doing my cash-out refinance a piece of cake! The interest rate was much lower than other lenders I checked with. The fees were reasonable, and the timeline was very smooth.

RealEstateLady 1.

Sandy, OR, Real Estate Broker

Exceptional for Self-Employed

After months of struggling with other lenders, Paul at Truss Financial made it easy to complete a cash-out refinance of a new primary residence. As a small business owner and real estate investor, my income situation is complicated but Paul was able to guide me through the process with relative ease.

Baird K.

New York, NY, Small Business Owner and Real Estate Investor

Innovative Solutions for Self-Employed

Garrett Jimenez was super creative and helpful every step of the way. Being self-employed makes getting a loan difficult. But he found ways to overcome each and every hurdle and really hit a home run for us.

Jason M.

Rancho Cucamonga, CA, Self-Employed Individual