Google Rating
4.9
See all our reviews
Self-Employed & 1099 Mortgage Loans — Your Income Isn't Too Complicated
Traditional banks look at tax returns and see write-offs. We look at your bank statements and see a thriving business. Our bank statement loan programs and flexible documentation options are designed specifically for people like you — people who work hard, earn well, but don't fit into a neat W-2 box.
Trusted by over 2,500 California families
2500+
Families Helped
$1.2B+
in Loans Funded
23-Day
Avg. Closing
See How Much You Could Save
No tax returns required to explore options. No impact to your credit.
See How Much You Could Save
No tax returns required to explore options. No impact to your credit.
Why Traditional Lenders Make It Hard for Self-Employed Borrowers
You earn well, but lenders see less because of tax deductions — great for taxes, bad for mortgage approval.
AGI vs. Real Earnings
Banks use your AGI, not real earnings — deductions can drastically lower what you qualify for.
Variable Income
Variable income & multiple streams make your earnings look unstable.
Complex Business Structures
Business structures (LLCs, S-Corps, K-1s) add complexity banks don't like.
Write-Offs & History
Write-offs, mixed finances, or under 2 years history can hurt approval.
Options exist for credit scores 580.
Mortgage Options for Self-Employed, 1099 & Freelance Workers
You have more options than you think. Here are the loan programs available to self-employed borrowers:
Bank Statement Loans
Best for: Business owners, freelancers, and 1099 workers.
How it works: We qualify you using 12–24 months of bank statements.
Key features:
- No tax returns required
- Based on real cash flow
- Personal or business accounts
- Credit from 620+
Full Documentation Loans
Best for: Self-employed with strong tax returns.
How it works: We qualify you using 2 years of tax returns.
Key features:
- Lowest interest rates
- Standard underwriting
- Limited to reported income
1099-Only Loans
Best for: Contractors & freelancers.
How it works: We use 1–2 years of 1099s to qualify.
Key features:
- No tax returns
- Faster approval
- Consistent 1099 income required
Profit & Loss Loans
Best for: Business owners, freelancers, and 1099 workers.
How it works: We qualify you using 12–24 months of bank statements.
Key features:
- No tax returns required
- Based on real cash flow
- Personal or business accounts
- Credit from 620+
Good if: Short-term plans or limited cash.
Asset Depletion Loans
Best for: High-asset, low-income borrowers.
How it works: Assets are converted into monthly income.
Key features:
- No income docs
- Uses investments & savings
- Ideal for retirees & investors
Not Sure Which Loan Is Right for You?
Best for: Get matched with the best program for your income, assets, and goals in minutes.
How it works: Why it works:
Key features:
- No obligation, free pre-qualification
- Expert guidance for self-employed borrowers
Who Can Get a Self-Employed Mortgage?
Our self-employed mortgage programs work for a wide range of business owners and independent workers:
Business Owners
Sole proprietors LLC members S-Corp shareholders Partnership owners Franchise owners
Freelancers & Contractors
1099 independent contractors Consultants Creative professionals (designers, writers, photographers) Tech contractors Sales professionals on commission
Gig Economy Workers
Rideshare drivers (Uber, Lyft) Delivery drivers (DoorDash, Instacart) TaskRabbit, Fiverr, Upwork workers Content creators and influencers
Healthcare & Professional Services
Physicians with private practices Dentists Attorneys Accountants Real estate agents
Tradespeople
General contractors Electricians, plumbers, HVAC technicians Landscapers Home service providers
How to Get a Mortgage When You're Self-Employed
Consultation:
Review your income and goals to choose the right loan.
Documents:
Collect required paperwork (12–24 months bank statements if needed).
Income Review:
Calculate qualifying income and verify details.
Pre-Approval:
Get approved to start home shopping.
Underwriting & Closing:
Final approval and close in 25–35 days.
Self-Employed Mortgage Requirements and Process
Requirements vary by loan program, but here are the general guidelines:
Why Self-Employed Borrowers Choose Bay Area Realty
Expertise
This is our core focus. We're experts in bank statement, 1099, and non-traditional loans.
We See Your Real Income
We look at your actual cash flow — not just your tax returns.
We Offer More Options
Access to bank statement, asset depletion, P&L, and 1099-only programs.
We Communicate Clearly
We explain every step so there are no surprises.
Tips to Improve Your Chances of Mortgage Approval
Getting approved as a self-employed borrower is easier when you follow these guidelines:
Separate finances: Use a dedicated business account.- Keep deposits consistent: Regular income looks stronger.
- Maintain clean records: Organized books help qualify.
- Minimize large unexplained deposits before applying.
- Use electronic payments and don't change business structure.
Featured Properties
Explore our handpicked homes, chosen just for you.
Silvercrest Bayview Residences
1,950 sq ft · 3 Beds · 2 Baths · Bay & City Views
Elegant Garden Estate
2,500 sq ft · 4 Beds · 3 Baths · Garden & Pool
Classic Country Manor
3,200 sq ft · 5 Beds · 4 Baths · Private Driveway
Autumn Retreat Home
2,100 sq ft · 3 Beds · 2 Baths · Wooded Lot
Coastal Paradise Villa
2,800 sq ft · 4 Beds · 3 Baths · Ocean Views
Ready to Take the First Step?
Whether you're ready to apply or just have questions, we're here. No pressure, no obligation — just real answers from real people who want to help.
Get Pre-Approved
Start your application in minutes. We'll get back to you within 24 hours with your options
Begin Pre-ApprovalTalk to a Loan Officer
Prefer to talk first? Schedule a call at a time that works for you — or give us a ring right now.
Watch Homes Come to Life
Experience a collection of exceptional homes, personally curated.
You Asked, We Answered
Can't find your answer? Reach out and we'll be happy to help.
15+
Years Experience
23
Day Avg Close
1500+
Happy Clients