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Can I Buy a Home If I’m Self-Employed?

Loan Programs
May 01, 2025•1 min read

Can You Qualify for a Mortgage If You’re Self-Employed?

Absolutely. Being self-employed doesn’t mean you can’t get approved — it just means lenders will evaluate your income a little differently. With the right paperwork and guidance, you can absolutely qualify.

What Lenders Look For

📎 Lenders may average your net income after write-offs — not your gross sales.

Income Documentation Options

Traditional Documentation

Bank Statement Loans

Tips to Improve Your Approval Odds

  1. Minimize write-offs temporarily to show higher net income

  2. Keep business and personal finances separate

  3. Avoid large purchases or co-signing before applying

  4. Talk to a broker like Tim Lyons who works with self-employed borrowers daily

Final Thoughts

Self-employed buyers CAN get approved — it just takes smart preparation and the right lender. Whether you’re a 1099 contractor, small business owner, or freelancer, you have mortgage options.

📞 Contact Tim Lyons today to review your income documents and get pre-approved with a lender who understands self-employment.

Required Disclosure

Loan approval is not guaranteed and is subject to underwriting guidelines, including credit, income, assets, and property evaluation.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.
NMLS #2182927 | Equal Housing Lender

👤 Tim Lyons
Licensed Mortgage Broker – Florida & Ohio
Helping self-employed buyers get approved with clarity and confidence.

Tim Lyons is a licensed mortgage loan originator in Florida and Ohio.

Tim Lyons

Tim Lyons is a licensed mortgage loan originator in Florida and Ohio.

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