Self Employed Home Loans In Arizona

Frequently Asked Questions About Self-Employed Loans

How to Get a Self-Employed Loan in Arizona?

To qualify for a self-employed loan here in Maricopa, you’ll need to provide us with several financial statements and other critical information. These items include:

• Showing stable and upward-trending income for your business. Of course, every company goes through up and down periods, but as long as you’re able to show a level of consistency, you should be in good shape.
• Solid credit score and history without major blemishes in recent years.
• Consistent record of paying off debts on time and in full.
• How many credit inquiries you’ve made in the last year or two.
• And more

Find Mortgage Lenders for Self-Employed workers In Arizona

If you’re looking for guidance or advice on how to secure a self-employed mortgage, you’ve come to the right place. Here at Carpenter Home Loans, LLC, our team of experienced and professional mortgage officers can help you with any of your self-employed mortgage questions or concerns.

Can you get a mortgage loan if you are Self-Employed?

Yes, individuals who are self-employed may want to take out a self-employed non-QM loan in 85233 to purchase their new home. While not all non-QM loans are for self-employed individuals, they do fall under the same umbrella category.

1099 Mortgage Lenders in Arizona

As a self-employed individual, you receive a 1099 form at the end of the year to report your income from various sources. We offer 1099 self-employed mortgages here at Carpenter Home Loans, LLC, so reach out today to see what other documentation you might need to move forward.

How many tax returns do I need for a mortgage?

We typically will ask applicants to provide at least one or two years’ worth of tax returns so that we can verify your annual income against your reported earnings from your financial documentation.