As a real estate agent, you know that self-employed buyers often face extra hurdles when applying for a mortgage. Traditional lenders require two years of self-employment history, which can delay homeownership for entrepreneurs, freelancers, and business owners.
But here’s the good news: Your self-employed clients don’t have to wait two years to buy a home!
With the 1-Year Self-Employed program, they can qualify for a mortgage with just one year of self-employment—helping them move forward sooner instead of waiting.
Instead of requiring two years of tax returns, this program allows self-employed buyers to qualify using:
✔ Only one year of self-employment
✔ 12 months of bank statements OR last year’s W-2 or 1099
✔ Credit scores as low as 660
✔ A minimum 20% down payment
Self-employed individuals often earn great incomes, but traditional mortgage guidelines don’t always work for them. This program provides a real solution for buyers who are financially ready but don’t meet the rigid documentation requirements of conventional loans.
Many self-employed buyers don’t even realize they qualify for a mortgage sooner than they expected. As a real estate professional, you have the chance to educate and guide them toward homeownership faster.
🔹 Newly self-employed entrepreneurs – Those who started their business in the past year but have a strong income flow.
🔹 Freelancers and independent contractors – Gig workers, consultants, and creatives who earn steady income but don’t have traditional pay stubs.
🔹 Business owners with non-traditional tax returns – Buyers who take deductions but have strong revenue.
These buyers want to purchase now, but many mistakenly believe they need to wait. By introducing them to this program, you’re helping them seize homeownership sooner rather than later.