For the Self-Employed
Get a Mortgage Without W-2s or Tax Returns
Traditional banks turn away self-employed borrowers when their tax returns show low taxable income. Abo Capital specializes in alternative income verification — bank statements, P&L statements, asset depletion — so your business success actually helps you qualify.
12–24 mo
Bank statements accepted
$35M
Max loan amount
620+
Minimum credit score
90%
Max LTV on some programs
No tax returns
Required on most programs
Why Self-Employed Borrowers Choose Abo Capital
We understand that business owners, freelancers, consultants, and gig workers structure their finances differently. We work with lenders who look at cash flow, not just AGI.
Who Qualifies
- ✓ Business owners (sole prop, LLC, S-corp)
- ✓ Freelancers & independent contractors
- ✓ Consultants & high-earning professionals
- ✓ Real estate investors with rental income
- ✓ Gig economy workers (1099 income)
- ✓ Attorneys, physicians, dentists
Common Scenarios
- → Tax returns show write-offs that lower AGI
- → Business income varies year to year
- → Recently self-employed (under 2 years)
- → Mix of W-2 and 1099 income
- → Substantial assets but modest paper income
- → High-income but complex tax returns
Loan Programs for Self-Employed Borrowers
Choose the income verification method that works best for your situation.
Bank Statement Loans →
12 or 24 months personal or business bank statements. No tax returns required. Up to $5M.
P&L Statement Loans →
CPA-prepared 12-month P&L. No bank statements needed. Ideal for borrowers with clean books.
Asset Depletion Loans →
Qualify using liquid assets — retirement, brokerage, savings. No income documentation required.
Large Loan Amounts →
Portfolio lenders offering up to $35M for high-net-worth self-employed borrowers.
Cannabis-Friendly Loans →
State-licensed cannabis business owners welcome. Bank statement and asset-based options.
Hard Money & Bridge →
Asset-based lending for investment properties. Income not a primary factor. Close in 7–14 days.
Frequently Asked Questions
How long do I need to have been self-employed?
Most programs require 2 years of self-employment history, but some bank statement programs accept as little as 12 months. We’ll match you with lenders that fit your timeline.
Can I use both personal and business bank statements?
Yes. Personal statements are simpler — every deposit counts as income. Business statements require applying an expense ratio (typically 50% for sole props, varying for LLCs and S-corps).
What if my business income is seasonal?
Seasonal income is handled by averaging deposits over the full 12 or 24 month statement period, which smooths out peaks and valleys into a consistent monthly income figure.
Do I need a CPA letter?
For bank statement loans, most lenders require a CPA or tax preparer letter confirming self-employment for at least 2 years. For P&L loans, a CPA must prepare the P&L statement.
What’s the minimum credit score?
Most self-employed programs start at 620. Best pricing is available above 700. Some asset depletion programs are available down to 580.
Can I buy an investment property as a self-employed borrower?
Absolutely. Bank statement and P&L programs work for primary residences, second homes, and investment property purchases — including rentals, short-term rentals, and fix-and-flip projects.
Ready to Stop Getting Rejected by Banks?
Call us or apply online. We’ll find the right alternative income program for your situation — usually within 24 hours.