Self-Employed? We Specialize In You

Get Approved Using Bank Statements Not Tax Returns

Non-qm loans designed for self-employed, 1099 contractors, and business owners. Qualify on your actual deposits—not your write-offs.

10% down payment with 700+ credit
No tax returns required at all
Pre-approval in 24 hours or less
Close in under 30 days guaranteed

2,500+ Funded Loans

$780M+ Loan Volume

23 Days Avg. Close Time

Get Pre-Approved Today

Same-day response • No hard credit pull

Why Choose Nexa

Built for Self-Employed Success

Traditional lenders see your write-offs and say "no." We see your real income and say "yes."

Qualify for 40-60% More

Stop being punished for smart tax planning. Bank statement loans calculate income from your actual deposits, typically qualifying you for significantly higher loan amounts than traditional methods.

No Tax Returns Needed

Your business bank statements tell the real story. We analyze 12-24 months of deposits to calculate your qualifying income—no 1040s, no Schedule Cs, no complicated documentation.

Fast Pre-Approval

Get your pre-approval letter within 24 hours. Our streamlined process means you can make competitive offers immediately and close in under 30 days—crucial in today's market.

Flexible Guidelines

Recent job change? Multiple income sources? Seasonal business? No problem. We understand self-employment comes in many forms and our programs accommodate your unique situation.

Competitive Rates

Non-QM doesn't mean expensive. Our bank statement loans feature rates comparable to conventional mortgages, especially for borrowers with strong credit and down payments.

Expert Guidance

Work with loan officers who specialize in self-employed borrowers. We understand your business structure, know how to present your financials, and advocate for your approval.

Simple Process

4 Steps to Your Self-Employed Mortgage

Submit Your Application

Fill out our quick 5-minute application. We'll do a soft credit pull (no impact to your score) and give you an initial qualification within hours. Provide basic business info—no tax returns needed at all.

Provide Bank Statements

Send us 12-24 months of business bank statements (PDFs from your online banking work great). We'll analyze your deposits, calculate your qualifying income, and structure the optimal loan program for your situation.

Get Pre-Approved

Receive your pre-approval letter typically within 24 hours. This is a real commitment backed by underwriting review—not just a pre-qualification. Shop confidently knowing you're approved and ready to close.

Close on Your Home

Our average closing time is under 30 days. We coordinate everything: appraisal, title, insurance, final underwriting. Sign your documents and get the keys to your new property—it's that straightforward.

What You Need

Basic Requirements for Approval

Credit Score

Minimum 580 (case-by-case). Best rates at 700+. Past credit issues? We can work with you.

Down Payment

10% minimum with 700+ credit. 15-20% for lower scores. Investment properties 25%.

Time in Business

12-24 months self-employment. Prior industry experience strengthens application.

Bank Statements

12-24 months of business or personal bank statements showing consistent deposits.

Business License

Copy of active business license or proof of self-employment (1099s, contracts, etc).

Standard Docs

ID, proof of assets for down payment/reserves, standard mortgage application info.

Income Calculation

How We Calculate Your Qualifying Income

Simple math that shows your true earning power

Your Real Cash Flow Matters

Not your taxable income

Total Monthly Deposits

$25,000

Income Multiplier (Business Account)

× 75%

Monthly Qualifying Income

$18,750

Annual Qualifying Income

$225,000

Income Calculation Method

Business Bank Accounts: We use 75% of your average monthly deposits as qualifying income. This accounts for business expenses while recognizing your actual cash flow. Higher percentage available with CPA letter or if you can demonstrate low business overhead.

Personal Bank Accounts: We use 100% of your average monthly deposits and can combine both personal and business accounts if needed.

Credit Guidelines

Approval Options By Credit Score

We work with a wide range of credit profiles

620-659

Moderate Down

20-25% down payment
Reasonable rates
Good approval odds
Still approved!

660-699

Great Options

15-20% down payment
Competitive rates
Access to most programs
Solid approval chances

700+

Premium Pricing

Only 10% down payment
Lowest interest rates
All programs available
Fastest approvals

FAQs

Common Questions About Self-Employed Mortgages

Do I really not need tax returns?

Correct! With bank statement loans, we don't require tax returns at all. We analyze your business bank account deposits over 12-24 months to calculate your qualifying income. This means your tax write-offs won't hurt your approval—we see your real cash flow.

How much can I qualify for with bank statement income?

Most self-employed borrowers qualify for 40-60% more using bank statements versus tax returns. We take your average monthly deposits and multiply by either 100% (personal accounts) or 75% (business accounts) to arrive at qualifying income. If you deposit $20K/month into your business account, that's $15K in qualifying income—$180K annually.

What if I only have 1 year of self-employment history?

While 2 years is preferred, we can work with strong candidates who have 12 months of consistent self-employment income. The key is demonstrating stable or growing deposits. If you previously worked in the same industry as a W-2 employee before going self-employed, that can strengthen your application significantly.

Can I combine multiple income sources?

Absolutely! Many of our borrowers have diverse income streams: 1099 contract work, business income, rental properties, side hustles, investment income. We can combine all documented sources to maximize your qualifying amount. This flexibility is one of the biggest advantages of non-QM programs.

How fast can I really close?

Our average closing time is under 30 days. If you have an appraisal already completed, we can close in 15 days or less. We typically provide formal pre-approval within 24 hours of receiving your application and initial documents. Speed is one of our competitive advantages—sellers love our fast closing timeline.

What if I have irregular income or seasonal business?

No problem! We look at your total deposits over 12-24 months and average them out. Seasonal fluctuations are normal for many businesses—we just need to see consistent overall cash flow. Landscapers, tax preparers, retailers, and other seasonal businesses qualify regularly using this approach.

Ready to Get Pre-Approved Today?

Join 2,500+ self-employed borrowers who got approved when traditional lenders said "no"

Start My Application → Call (833) 428-7342

Licensing:

NEXA Mortgage LLC is a NMLS Licensed, independent mortgage company that provides mortgages for borrowers. NEXA Mortgage is not affiliated with any Govenment agency. All terms subject to credit approval and this is not a commitment to lend. Not all applicants will qualify.