Self-Employed and Buying a Home? You Don't Need Your Tax Returns

At Elite Mortgage Advisors, we work with a lot of self-employed professionals and 1099 earners who think they can’t buy a home because their tax returns don’t “look good enough.” The truth? You can still qualify for a primary residence loan without relying on your tax returns.

If you’re a business owner, freelancer, or independent contractor, you have access to smart mortgage options built specifically for you. Here's how:

✅ Bank Statement Loans

These loans let you use 12 to 24 months of personal or business bank statements to show your income — not tax returns. We add up your deposits to determine what you truly earn. It’s perfect for buyers who write off a lot of business expenses or show low net income on paper.

✅ 1099-Only Loans

If you receive 1099s from clients or gig platforms, we can qualify you using those forms without needing your tax returns. It’s a faster, more realistic way to get approved using your gross income from the past year or two.

✅ Asset-Based / No Income Loans (For Primary Homes)

If you have strong savings, retirement funds, or investment accounts, you may qualify using your assets alone. These “no income” loans don’t require job or income documentation — just proof of sufficient assets to cover your future mortgage payments.

Bottom Line:

Being self-employed doesn’t mean you’re out of luck. At Elite Mortgage Advisors, we offer mortgage solutions designed for people like you — hardworking entrepreneurs, contractors, and business owners who may not qualify through traditional channels.

Let’s talk options.

Whether you're ready to buy or just exploring, we can help you find the right path to homeownership — without the stress of tax returns.