Aaron Silverman, Mortgage Loan Originator, NMLS #957533Edge Home Finance, LLC, NMLS #891464: licensed in 49 states and D.C. (Not licensed in NY)

Straight answers to the questions I hear most.

About self-employed income, loan types, documents, and what it's like to work with me. Search, or browse by topic.

Updated October 12, 2026

Self-employed income

How do lenders calculate self-employed income for a mortgage?

Most lenders start with the net income on your tax returns, usually averaged over the last two years. Then they add back certain expenses that weren't money out the door, like depreciation, depletion and business use of your home. If you own an S corp or a partnership, they combine the wages you pay yourself with your share of business income from your K-1, adjusted for the same kinds of items. If your returns still don't show the full picture, a bank statement loan uses your deposits instead.

What documents do self-employed borrowers need for a mortgage?

Usually two years of personal tax returns with all schedules, two years of business tax returns if you file them (1120S, 1065 or 1120), your K-1s, a year-to-date profit and loss statement, recent personal and business bank statements, and a photo ID. Every lender and program is a little different. See the full self-employed checklist.

I'm self-employed. Can I still get a mortgage?

Yes, many self-employed people do. Lenders usually go by the net income on your tax returns, not your gross sales. Some expenses can be added back. And if your returns still don't show the full picture, a bank statement loan may be worth discussing.

My tax returns show less than I really make. What now?

You're not alone. Write-offs lower your tax bill, and they can lower the income a lender counts too. Let's look at what can be added back first. Don't change how you file just to qualify. Talk to your tax preparer before you make any changes.

What does "added back" mean?

Some expenses on your return aren't money that actually left your account, like depreciation. A lender may add those back to your income when figuring what you earn. See it on a sample Schedule C.

How much history do I need being self-employed?

Most lenders want two years, shown on your tax returns. Less than that isn't always a dead end, especially if you did the same work before you went out on your own.

I'm a 1099 contractor. How do lenders look at my income?

Many lenders treat 1099 income as self-employment income and look at your tax returns. Whether you qualify depends on your full picture and the lender's guidelines. Let's see which fits.

I own an S corp. How does a lender see my income?

Usually the salary you pay yourself plus your share of the business income from your K-1, adjusted for certain items. How the business itself is doing matters too. This is where reading the returns closely pays off.

Loan types

What kinds of loans do you offer?

Every kind of home loan. Through Edge Home Finance, LLC, we work with many wholesale lenders: conventional and first-time buyer programs, jumbo, FHA, VA and USDA*, refinances and cash-out, investment and DSCR loans, home equity lines and loans, renovation and construction, reverse mortgages* and more. My specialty is self-employed borrowers. See all loan options.

*Edge Home Finance, LLC is a private mortgage broker and is not affiliated with, endorsed by, or acting on behalf of or at the direction of the U.S. Department of Veterans Affairs (VA), the Federal Housing Administration (FHA), the Department of Housing and Urban Development (HUD), or any other government agency.

What's a bank statement loan?

The lender uses your bank deposits over a set period to figure your income, instead of your tax returns. It can help when write-offs make your returns look thin. Terms and requirements are different from a standard loan.

What's a DSCR loan?

A loan for investment property where the lender looks mainly at whether the property's rent covers its costs. Your personal income matters less. Terms and requirements are different from a standard loan.

Do I need a big down payment?

Not always. Low down payment options are available, and some buyers may qualify for down payment assistance. What fits depends on you and the property. Let's talk it through.

What's the difference between pre-qualified and pre-approved?

A pre-qualification is a quick look based on what you tell me. A pre-approval means your credit, income and assets have actually been reviewed. Sellers and agents take a pre-approval more seriously. Neither one is a final loan approval.

Documents and credit

How do I send you my documents?

Not by email. When you're ready to apply, I'll send you a link to Edge Home Finance, LLC's secure application, where you upload documents. Please don't email tax returns, bank statements, or your Social Security number.

Do I need to send anything before our first call?

No. Just have your recent returns handy so we can go through them together. You don't send me anything until you apply.

Will you pull my credit?

Not on the first call. Credit is pulled once you decide to move forward and give your permission.

What should I gather?

Start with the document checklists, or answer four questions in the readiness checker for a list built for your business.

Working with us

Are you a lender?

No. I'm a Mortgage Loan Originator. Edge Home Finance, LLC is a mortgage broker, not a direct lender. That means I can look at programs from many wholesale lenders and match you to one that fits.

Will you talk to my CPA or my real estate agent?

Yes. With your OK, I'm happy to get everyone on one call. Here's how I work with CPAs and realtors.

Do you do tax prep or give tax advice?

No. My work here is mortgages only. For tax questions, talk to your own tax preparer.

Do you work in my state?

Edge Home Finance, LLC is licensed in 49 states and D.C. If you're outside Florida, Edge's Client Care Team can connect you with a licensed loan officer in your state.

Can you help in another language?

Yes. Our team at Edge Home Finance, LLC works in 17 languages, including Spanish, Portuguese, Mandarin, Korean, Vietnamese, Hindi, French and Russian. Just ask when you reach out.

Does a call cost anything?

No. A call doesn't cost anything and doesn't commit you to anything.

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General information. This page isn't tax or legal advice, and it isn't a commitment to lend. Every loan depends on lender guidelines and underwriting.

Didn't see your question?

Ask me. Book a 15-minute call or send a quick note, and I'll reply within one business day.