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Yes, you can get a mortgage if you're self-employed. In general, you'll need to prove two years of income history from your self-employment with tax returns.
Yes, self-employed workers have more paperwork involved in the mortgage application procedure. But that doesn't mean you won't get approved for the mortgage you need. Your income may also be a little lower, but lenders look at your net income (income after expenses) to determine whether you are eligible for a mortgage.
Her experience is that you can get approved if you can show at least two years of consistent tax returns and your last two months of income are consistent with the returns. According to Caprio, freelancers shouldn't have problems getting approved for a mortgage as long as their income has been fairly consistent for
Lenders much prefer applicants who have worked at one salaried job for at least two years, even if your annual income is just as high. It's frustrating trying to get a home loan as a contractor, but lenders have to make sure that you'll be able to pay them back.
If you have a with W2 and you also make 1099 income, then you can combine the two to qualify for your mortgage. FHA lenders will ask for you to completely document all of it to qualify.