Self-Employed Loans

Self-Employed Mortgage Loans in San Jose & Santa Clara County

Getting a mortgage when you're self-employed doesn't have to be complicated. I specialize in alternative income verification loans designed specifically for business owners, freelancers, consultants, and 1099 earners across the Bay Area.

Loan highlights

Loan amounts up to $1,249,125 conforming, jumbo above that
No tax returns required on most programs
Bank statement, 1099, P&L, and asset depletion options
12–24 months of statements or one CPA-prepared P&L
Competitive rates — often close to conventional pricing
Available on primary, second home, and investment properties

Who this is for

Business owners
Independent contractors
Consultants
Gig workers
Real estate professionals
Anyone whose tax returns don't reflect their actual income

Loan options available

Bank Statement Loans

Qualify using 12–24 months of personal or business bank statements instead of tax returns. Ideal for borrowers whose deposits tell a stronger story than their Schedule C.

1099 Only Loans

Income verified using your 1099s — no full tax return required. A great fit for independent contractors and commission-based earners.

Profit & Loss Loans

A CPA-prepared P&L statement is used in place of traditional income docs. Useful when your business is growing or your books are clean but your returns lag behind.

Asset Depletion Loans

Qualify based on liquid assets rather than monthly income. Designed for borrowers with significant savings, investments, or retirement accounts.

Program comparison

Program	Typical down payment	What's verified
Bank Statement	10–15%	12–24 months personal/business deposits
1099 Only	10–15%	1099 forms, no full tax return
Profit & Loss	10–15%	CPA-prepared P&L statement
Asset Depletion	20–25%	Liquid assets (savings, investments, retirement)

Why it's harder — and how we fix it

Self-employed borrowers often show lower taxable income because of legitimate business write-offs — vehicles, home office, depreciation, equipment, retirement contributions. That's great at tax time, but it can make a traditional W-2-style mortgage look out of reach.

The programs above are built around your actual cash flow — deposits, 1099 income, P&L results, or liquid assets — instead of the bottom line of your tax return. I match you to the program that reflects what you really earn, so you can qualify for the home you can actually afford.

Frequently asked questions

Usually yes — most lenders want to see a two-year track record. That said, some programs accept 12 months of self-employment, especially when you've worked in the same line of business previously as a W-2 employee.

Slightly, but often less than borrowers expect. Pricing depends on credit score, down payment, and reserves. In many cases the difference is small enough that the right program still beats waiting two more tax years to qualify the traditional way.

Typically 620 or higher. Higher scores get better terms — stronger pricing, lower down payment requirements, and access to more lenders. I will tell you exactly where you stand and what bumps your file into the next tier.

Yes. Bay Area loan amounts are well supported across bank statement, 1099, P&L, and asset depletion programs. Many of My self-employed clients close on jumbo loans in San Jose, Campbell, Saratoga, and across Santa Clara County.

Self-Employed Loans by City

Self-employed and bank-statement financing comes up constantly across Santa Clara County's tech-heavy workforce. Here's the city-by-city picture:

Related Financing Guides

Let's find the right program for you.

A 15-minute conversation usually narrows it down. No pressure, no credit pull.

Get Pre-Approved as a Self-Employed Borrower