Self-Employed Loan


Hal Bradosti

Mortgage Loan Originator
NMLS# 2226225

Call or Text: (703) 843-3969


Book An Appointment

Mortgage Loan For Self-Employed  & 1099 Borrowers Using Bank Statements

Self-Employed/1099 Mortgage Loan

To qualify for a home loan, self-employed/1099 borrowers can now use Bank Statements instead of tax return.


Who are the prime candidates for this loan?

  • Any self-employed or 1099 borrowers, which include but not limited to
  • Business Owners
  • Lawyers
  • Realtors
  • Contractors

What are the qualifications?

  • Need last 12 months of bank statements
  • Need to prove self-employed for at least 2 years
  • Down payment starts at 10%
  • FICO starts at 640
  • W2 employees are NOT qualified
  • Tax return is NOT needed


Bank Statement mortgage is the perfect option for self-employed/1099 borrowers who qualify based on bank statement instead of tax return. Borrowers do not have to own 100% of the business. Our Bank Statement program provides a loan solution to help underserved credit-worthy self-employed borrowers who otherwise would not qualify for a home loan. We also have 1099 income loan option is for self-employed borrowers who are 1099 workers. Many freelancers, contractors, gig economy workers or other self-employed borrowers who file using W-9s cannot qualify for a mortgage under Agency guidelines. see the FLYER

  • Loans up to $3 million with a minimum of $150,000
  • 12 or 24 months business or personal bank statements
  • Two years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Rates are 30-year fixed
  • Two years self-employed required
  • 700 FICO needed for 10% down (20% down for less than 700 FICO)
  • Tax return is not needed.


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