Self Employed Loans
Self employed in Maine? You have more options than your bank told you.
If you write off your income (smart) and then can't qualify the way a W2 employee would (annoying), there's a path. Bank statement loans, 1099 programs, and structured full doc options.
Bank statement loans
Qualify based on deposits over 12 or 24 months instead of tax returns.
1099 programs
Use your 1099 income directly with simplified expense factoring.
Full doc, done right
If full doc still works for you, we'll structure it cleanly. Sometimes that's the cheapest path.
Why self employed buyers get squeezed
The mortgage system was built around steady W2 paychecks. If you own a business, freelance, or run a contracting outfit, your tax returns probably don't reflect what you actually take home. Most banks just shrug. Brokers like me have programs built specifically for you.
What I'll need to look at
- The last couple years of business and personal tax returns
- Recent business and personal bank statements
- How your business is structured (sole prop, S corp, LLC, etc.)
- What kind of property you're buying and your rough timeline
Don't self disqualify
I have clients who got told no by three banks then closed with me on a great loan. The right product makes the difference. Let's look at your numbers.
Keep exploring
Want a real human to walk you through this?
I'll lay out your options in plain English. No pressure, no scripts.