If your tax returns don't reflect what you actually earn, conventional underwriting will turn you down. We have programs built specifically for how self-employed income works.
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Most lenders rely on tax return income, which penalizes you for running a business efficiently. We use bank statements, P&L statements, or asset depletion depending on what gives you the strongest qualification — not the path of least resistance for the underwriter.
We look at 12 to 24 month averages, not a single pay stub. Seasonal swings and month-to-month variation don't disqualify you when we're looking at the full trend.
Loan officers who work exclusively with self-employed borrowers. We know how to present your file so underwriting sees your real income.
12–24 months of deposits instead of tax returns. Personal or business accounts. No W-2s required.
→CPA-prepared profit and loss instead of tax returns. Works even for newer businesses.
→Qualify on liquid assets, savings, stocks, retirement accounts, with zero income docs.
→If you have 2+ years of filed returns showing strong income, conventional gives the lowest rates available.
→We average 12 to 24 months of deposits from your personal or business accounts to establish qualifying income. This is the most common option for self-employed borrowers whose tax returns understate what they actually earn.
If your tax returns show strong income over the last two years, conventional financing typically gets you the lowest rates available. Worth running the numbers on before defaulting to a bank statement program.
A CPA-prepared profit and loss statement replaces the tax return requirement. This works well for business owners with clean bookkeeping, and for businesses that are newer than two years old.
If you have significant liquid assets but minimal documented income, we can qualify you by dividing your total assets over the loan term to establish a monthly income figure. No pay stubs, W-2s, or tax returns required.
Ari made this whole process way less stressful than I expected. I'm self employed and had been turned down twice before I found Bedrock Mortgage. She found a solution using my bank statements and kept me in the loop the whole time. Extremely grateful for her and the team
Marco A.Buying a home felt overwhelming before I worked with Bedrock Mortgage. They walked me through every step, always picked up when I called, and made the whole process way less stressful than I expected. I recommend them to everyone!
Chris V.Depends on the program. Bank statement loans need 12–24 months of statements. P&L programs need a CPA-prepared profit and loss. Conventional needs 2 years of complete tax returns with Schedule C.
Bank statement and P&L programs can work with just 12 months of self-employment. Consistent deposits and a solid track record help. Previous W-2 experience in the same field can also help.
Typically 0.5–1.5% higher than conventional due to alternative documentation. For most self-employed borrowers, qualifying based on real income far outweighs the slight rate premium.
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Response within one business day
→Takes about 10 minutes. No documents required upfront.
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