What Is a Self-Employed Loan?
A Self-Employed Loan is a mortgage designed for borrowers who earn income through their own business or contract work rather than a traditional salary.
Instead of requiring W-2s and pay stubs, we use bank deposits, business financials, or contractor statements to calculate your true income — allowing flexibility for entrepreneurs with variable earnings or strategic deductions.
This category includes:
- Bank Statement Loans
- Qualify with 12–24 months of bank deposits.
- P&L Loans
- Use a CPA-prepared profit and loss statement as income proof.
- 1099 Loans
- Qualify using your 1099s from the last 1–2 years instead of tax returns.
- Asset Depletion Loans
- Qualify based on verified liquid assets instead of monthly income.
- DSCR Loans (for Investors)
- Use property cash flow instead of personal income.
Each option is designed to help self-employed borrowers buy or refinance without unnecessary red tape.
Why Atlanta Entrepreneurs Love Our Self-Employed Programs
Atlanta has one of the fastest-growing small business populations in the country — from contractors and consultants to stylists, creatives, and real estate professionals.
Our Self-Employed Loan Programs help borrowers qualify for homeownership using their true financial strength, not just their taxable income.
Here’s why self-employed borrowers across Georgia love these programs:
- No Tax Returns or W-2s Required
- We use your bank statements, 1099s, or P&L instead.
- Flexible Documentation Options
- Choose the approach that best reflects your real income.
- Credit Scores as Low as 620
- Options for a wide range of borrowers.
- DTI Ratios Up to 50%
- Designed for business owners with variable cash flow.
- Loan Amounts Up to $3 Million
- Great for high earners and growing entrepreneurs.
- Primary, Second Homes, and Investment Properties
- All eligible.
- Cash-Out Refinance Options
- Tap into equity for business expansion or reinvestment.
- LLC & Business Ownership Accepted
- Keep your business structure intact.
- Fast, Common-Sense Underwriting
- We review your business the way you would: logically.
Whether you’re a hairstylist in College Park, a consultant in Alpharetta, or a restaurant owner in Decatur — if you run your own business, this program was built for you.
UHome Mortgage Self-Employed Loan Highlights
At UHome Mortgage, we partner with some of the most flexible and respected lenders in the nation to bring you real, competitive programs that work.
Here’s what our self-employed clients have access to:
Bank Statement Programs
Available through Kind Lending, Orion, and Champion TPO.
- 12- or 24-month statement options
- Business or personal account review
- Up to 90% LTV with strong credit
P&L Only Programs
CPA-prepared documentation with no bank statements required.
- No statements required
- Perfect for established business owners
1099-Only Loans
Ideal for independent contractors and gig workers.
- Use one or two years of 1099 forms
- Great for freelancers and self-employed professionals
Asset Depletion & Cash Flow Programs
Flexible qualification based on assets or property income.
- Qualify using verified assets or rental cash flow
- No employment verification required
These programs make it possible to buy, refinance, or grow your real estate portfolio — even if your tax returns show little to no income.
Who Self-Employed Loans Are Perfect For
A Self-Employed Loan may be right for you if you:
- Own your own business or work as a 1099 contractor
- Have strong income deposits but lower taxable income
- Want to buy or refinance without explaining deductions
- Need loan amounts up to $3 million
- Want DTI flexibility up to 50%
- Are purchasing a primary, second, or investment property
- Want a mortgage experience built for entrepreneurs — not employees
Even if you’ve been turned down elsewhere for “low income on paper,” we can often qualify you through one of our self-employed loan solutions.
Why Choose UHome Mortgage
At UHome Mortgage, our slogan says it all: Loans That Get U Home.
We’re an Atlanta-based mortgage team that specializes in helping self-employed buyers turn their financial reality into homeownership — without the frustration or confusion of traditional lending.
When you work with us, you’ll get:
- Access to multiple lender programs tailored for self-employed borrowers
- Expert guidance on which income method fits your profile best
- Fast pre-approvals and simplified document review
- Flexible underwriting that understands how businesses really operate
- Clear, consistent communication from start to close
We know how much you’ve built to get where you are — and we make sure that hard work gets you home.
Start Your Self-Employed Loan Journey Today
You’ve worked hard to create your business. Now it’s time to let that business work for you.
