Getting a mortgage when self-employed

Generally, mortgage lenders will require 2-years of self employment income records to qualify for a loan.

However, a No-Doc or Low-Doc loan is available to borrowers who can provide other supporting documentation when income documentation is not available. A No-Doc loan is designed for self-employed individuals with hard-to-verify incomes, and who have strong credits.

Working with a mortgage broker will be beneficial in helping you navigate the No-Doc loans if necessary.