Can I get a mortgage if I am self-employed?
Yes. Self-employed Utah borrowers qualify with two years of tax returns, bank-statement loans, or asset-based programs. Qualifying income is calculated from net profit after business deductions, which is why aggressive write-offs can reduce borrowing power even when cash flow is strong. Planning two tax years ahead of a purchase makes a real difference. Alternative-income files are a routine part of this practice.
Yes. Self-employed Utah borrowers qualify with two years of tax returns, bank-statement loans, or asset-based programs. Qualifying income is calculated from net profit after business deductions, which is why aggressive write-offs can reduce borrowing power even when cash flow is strong. Planning two tax years ahead of a purchase makes a real difference. Alternative-income files are a routine part of this practice.
Detailed answer
Traditional underwriting uses net income after deductions, which often understates true income. We offer bank-statement loans (12–24 months), 1099-only programs, P&L-only options, and asset-depletion loans designed for self-employed borrowers.
Ready to take the next step?
Talk to Tres — straight answers, real options, no pressure.