A different way to buy a home
Buying a Home When You're Self-Employed
Business owners, contractors, and 1099 earners often have real income that a bank's paperwork doesn't capture. Our seller financing lets you document it your way.
How we look at your income
Tax returns
Show your income with tax returns, like a traditional loan, for the lowest down payment.
Bank statements
Or use bank statements to show the money coming in, if your returns show a lower income after write-offs.
P&L statement
A profit and loss statement for your business can work too.
1099 income
Contractors and gig workers paid on 1099s are welcome.
What you'd need
A quick look at the program. Your exact down payment depends on how you document income, your credit, and the home's price.
- Income
- Tax returns, 1099s, bank statements, or a P&L statement
- Down payment
- From 10% with tax returns or 1099s, about 15% with bank statements or a P&L
- Credit score
- From 560
- The home
- Single-family homes, townhomes, and condos in Texas, priced $150,000–$3,000,000
- Occupancy
- Must be your primary residence (no investment properties)
- Loan
- 30-year fixed
General program terms, not an offer. Final rate, payment, and terms are based on approval. Higher-priced homes may need a larger down payment.
How it works
- 1
Answer a few questions
Tell us how you're paid and how you'd show your income. It takes about a minute.
- 2
See your requirements
We show the down payment you'd need for your situation.
- 3
Pick your home
Choose a home. We buy it at closing.
- 4
Move in
It's resold to you at closing with seller financing, with the title in your name.
Self-employed questions
Yes, if you qualify. Our seller financing accepts tax returns, 1099s, bank statements, or a P&L to document your income, along with a credit score from 560 and a home you'll live in.
Your business is real. So is your income.
Answer a few quick questions and see your down payment in about a minute.