Self-Employed
Mortgages that qualify you on real-world income — not just a W-2.
Business owners and freelancers often show lower taxable income on paper than they actually earn. Self-employed programs — like bank-statement loans — let lenders qualify you using 12–24 months of business or personal bank deposits, 1099s, or a profit-and-loss statement instead of tax returns.
How it works
Bank statements instead of tax returns
Lenders review your actual deposits over 12–24 months to establish income, so legitimate business write-offs don't work against you the way they can on a conventional application.
More documentation flexibility, slightly higher bar
Alternative-documentation loans may ask for a somewhat larger down payment or cash reserves than a conventional loan. A lender can tell you exactly what applies to your situation.
Works for buying and refinancing
These programs aren't purchase-only — self-employed borrowers can use them to refinance or access equity too.
A good fit if you're…
- Business owners with 2+ years of self-employment
- Freelancers and independent contractors
- Strong earners whose tax returns understate their income
This page is educational and is not a loan offer or a commitment to lend. All loans are subject to credit approval, income verification, and property appraisal. Program availability, rates, and terms vary and are subject to change without notice. Not all applicants will qualify. Legacy Loans USA, LLC | NMLS #2814261.
Explore other loan programs
Home Purchase
Conventional, jumbo, FHA, and first-time buyer programs with as little as 0–3% down.
Refinance
Lower your rate, shorten your term, or switch loan types with rate-and-term refinancing.
VA Loans
$0-down purchase, VA Streamline (IRRRL), and VA Cash-Out options for those who served.
Home Equity / HELOC
Tap your equity for renovations, debt consolidation, or major expenses.
Reverse Mortgage (HECM)
For homeowners 62+: convert home equity into cash with no required monthly mortgage payment.
Investor / DSCR
DSCR and investment-property financing that qualifies on the property's cash flow.