Self Employed Loans | Mortgages for Business Owners & Freelancers | Jhenesis Mortgage

Jhenesis Mortgage

Self Employed Loans: Mortgages Tailored for Business Owners & Freelancers

As a self-employed professional, you know traditional mortgages can be tough. At Jhenesis Mortgage, we offer flexible programs that let you qualify without tax returns – using bank statements, 1099s, or P&L. Get the home or investment property you deserve.

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Why Choose Jhenesis Mortgage for Self Employed Loans?

Running your own business means freedom – but it shouldn’t mean missing out on homeownership. Our self-employed loan programs cut through the red tape, focusing on your real cash flow instead of tax deductions. Whether you’re a freelancer, contractor, or small business owner, we’ve got options to fit your unique situation.

No Tax Returns Needed

Qualify using bank statements, 1099 forms, or P&L statements – perfect if your tax returns don’t reflect your true income.

High Loan Limits

Up to $4M for mortgages and $750K for HELOCs, with LTV up to 90% for qualified borrowers.

Flexible Programs

Choose from bank statement loans, 1099 income, P&L, or HELOC – all designed for self-employed success.

Expert Guidance

Our team specializes in self-employed financing, offering free resources like income calculation guides and personalized advice.

Our Self-Employed Loan Programs

Bank Statement Mortgage

Qualify with 12-24 months personal/business bank statements
Loans $150K-$4M, up to 90% LTV (720+ FICO)
Purchase, refi, cash-out, delayed financing
Owner-occupied, second homes, investments
Min FICO 640; default 50% expense factor
5/6 ARM, 7/6 ARM, 30-yr fixed

Bank Statement HELOC

Revolving credit line up to $750K (business statements)
Up to 90% CLTV (680+ FICO)
No fund use restrictions; interest-only draw period
Owner-occupied, second homes, investments
Min FICO 660; 15-25 year terms
Min 80% initial draw ($100K min)

1099 Income Loan

Qualify with 1-2 years 1099s + YTD earnings
Loans $150K-$3M, up to 90% LTV (720+ FICO)
For freelancers/contractors; same work 2+ years
Purchase, refi, cash-out, delayed financing
Min FICO 640; owner-occupied to investments
1099s from single employer in personal name

Profit & Loss (P&L) Loan

Qualify with CPA-prepared P&L statements
Loans $150K-$4M, up to 80% LTV (680+ FICO)
No bank statements if LTV ≤70%
Purchase, refi, cash-out, delayed financing
Min FICO 640; owner-occupied to investments
1-2 year P&L options for business owners

These programs are your key to home financing without the hassle. Contact us for free resources like our Self-Employed Borrower’s Guide.

Self-Employed Income Calculator (Bank Statement)

Estimate your qualifying income using bank statements. Input your average monthly deposits and expense factor to see what lenders might use for your mortgage approval.

Number of Months (12 or 24) Total Deposits Over Period ($) Expense Factor (% – default 50)

Frequently Asked Questions

What are self-employed loans? ▼

Self-employed loans are mortgage programs designed for business owners, freelancers, and contractors who may not have traditional income documentation. They use alternatives like bank statements, 1099 forms, or P&L statements to qualify.

Do I need tax returns for self-employed mortgages? ▼

No, our programs allow qualification without tax returns using bank statements, 1099s, or P&L statements.

What is the maximum loan amount for self-employed loans? ▼

Up to $4 million for mortgages and $750,000 for HELOCs, depending on the program.

What credit score is required? ▼

Minimum FICO starts at 640 for some programs, up to 720 for higher LTV options.

Can I get a HELOC if self-employed? ▼

Yes, our Bank Statement HELOC allows qualification using bank statements, with up to 90% CLTV.

Get Your Personalized Self-Employed Loan Quote

Tell us about your business and goals – we’ll match you with the best program and provide a no-obligation quote.