Mortgage Options for Self-Employed Borrowers


Are you an entrepreneur, contractor or independent salesperson who is living their best life through self-employment?

When you’re self-employed, attaining home financing may be challenging because, although you have an income, you may not have traditional documentation to prove your full actual income.

Traditional examples of documentation can include tax returns, W-2s, and paycheck stubs.

Home loans for self employed individuals might also be referred to as "bank statement loans" or "Non-Qualified Mortgage (Non-QM) loans". These loan programs allow for non-traditional means of income verification, including one-year tax return, six to 12 months of bank statements, asset depletion income, and Profit and Loss statements.

At Geneva Financial we are proud to offer one of the largest portfolios of financing products available. Our goal is to provide solutions for every profile of borrower based on their unique needs.

>>> An outline of the program is below. If you or someone you know is self-employed and might be able to benefit from this product, please reach out to one of our loan officers in your area for a complimentary consultation.



This type of loan allows people able to afford to purchase or refinance a home to do so without traditional, full-time employment or income-verification documentation. This loan could work well for an independent business owner, tipped employee, seasonal worker, artist, athlete, musician, or freelancer of any type.

If you have other means of verifying your income, such as your bank statements for the last six or 12 months, you may be able to qualify for a mortgage for self-employed borrowers.

Program Highlights:

• One borrower must be self-employed and may have a W-2 co-borrower
• Assets must be traditionally documented
• Loan amounts up to $3million



• DTI can go up to 55% with certain conditions
• Borrower may use an asset amortization formula to derive additional qualifying income
• Credit scores as low as 600


• Bank Statements
• Mutual Funds
• Stocks & Bonds 
• 401K


•Single Family Residences
•1-4 units

For more information, speak to a licensed Mortgage Loan Officer in your state.

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Copyright©2019 Geneva Financial, LLC, NMLS #42056

This is not a commitment to make a loan.  Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements for refinances, and final credit approval. Not all applicants will qualify. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions.  Geneva Financial LLC is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. Geneva Financial LLC is approved to participate in FHA programs but the products and services performed by Geneva Financial LLC are not coming directly from HUD or FHA.  Geneva Financial LLC NMLS #42056 is an Equal Opportunity Lender and Equal Housing Lender. 3155 S. Price Rd Chandler, AZ 85248. 1-888-889-0009.  AZ BK #0910215