(281) 688-6166
loan programs
At Lending by Joseph, we proudly support self-employed professionals across Texas with flexible home loan solutions designed around your unique income. Whether you're a business owner, freelancer, or independent contractor, we help you access competitive rates, low documentation options, and personalized support—every step of the way. Let our self-employed lending specialists guide you toward the right mortgage for your financial goals.
A self-employed borrower’s loan is a mortgage solution tailored for individuals who earn income outside of a traditional W-2 job—such as business owners, freelancers, contractors, and gig workers. Since your income may vary or come from multiple sources, these loans are designed with flexible documentation requirements that go beyond just pay stubs.
Self-employed borrower loans are designed to evaluate your income differently than traditional mortgages. Instead of relying on W-2s or a fixed salary, lenders look at alternative forms of income verification that better reflect your business and cash flow.
Here’s how it typically works:
Income Verification Options: You can qualify using tax returns, bank statements (usually 12–24 months), 1099s, or a profit & loss statement prepared by your accountant.
Flexible Documentation: Since every business is different, we offer customized documentation options to suit your financial situation—no cookie-cutter requirements.
Loan Program Matching: Once we assess your income and credit profile, we’ll match you with a loan program that fits—whether you're purchasing, refinancing, or investing.
Underwriting and Approval: We work with lenders experienced in self-employed loans, so underwriting is done with a deeper understanding of business income, deductions, and write-offs.
Closing With Confidence: With expert guidance throughout the process, you'll be fully supported from application to closing.
Flexible Income Verification: Qualify using bank statements, 1099s, tax returns, or P&L statements.
Customized Loan Options: Programs built for business owners, freelancers, and independent contractors.
Competitive Rates: Get strong rates based on your overall financial profile.
No Income Cap Limitations: Reflect your true earning power—even with write-offs or variable income.
Streamlined Process: Work with lenders who understand self-employed income structures.
Build Equity on Your Terms: Turn your business success into long-term homeownership.
Self-Employed Borrower’s Loan Requirements
To qualify for a mortgage as a self-employed borrower, lenders typically look for:
Proof of Stable Income
✔️ Minimum 2 years of self-employment income
✔️ Consistent or increasing earnings over time
Documentation
✔️ Two years of personal and business tax returns
✔️ Profit and loss (P&L) statements
✔️ Bank statements (personal and business)
Credit & Financial Health
✔️ Minimum credit score (typically 620 or higher)
✔️ Debt-to-income (DTI) ratio below 43% (varies by lender)
✔️ Strong savings or reserves may strengthen your application
Business Verification
✔️ Business license or registration
✔️ CPA letter (if applicable)
✔️ Website, invoices, or client contracts (optional but helpful)
Our team offers personalized support to ensure you qualify for the best loan options available. Contact us today to get started.
Ready to Take the Next Step?
At Lending by Joseph, we make it easier for self-employed individuals to secure home financing.
Whether you're a freelancer, contractor, or small business owner, our team will guide you through every step—ensuring you access the right loan options with competitive rates and flexible terms. Let’s get started today!
See what customers say about our service
Depending on your financial situation, we may still be able to help you qualify with alternative documentation options.
You can use tax returns, bank statements, 1099s, or a profit and loss statement.
Do I need to have a CPA to apply for a self-employed loan?
While a CPA isn't mandatory, their verification of income can strengthen your application.
In some cases, personal income can be considered, especially if it supplements business income.
We offer options to document seasonal cash flow through bank statements or other financial records over a longer period.
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Houston, TX 77449
Company State License#
AZMB - 0944059
Contact Us
Joseph "DOC" Soulamon
Your Trusted Mortgage Advisor
NMLS # 2234526
Located In: All states EXCEPT NY & MA
Phone:
(281) 688-6166
Email:
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.
Joseph Services all of All states EXCEPT NY & MA
An Equal Housing Lender All Rights Reserved. © 2025