Self-Employed Mortgage Options
Self-employed borrowers in Washington have more options than ever. From conventional loans using tax returns to bank statement programs and asset-based qualification, Peter helps business owners find a path that reflects their real financial picture. Your mortgage options may go beyond W-2 income.
What Are Self-Employed Mortgage Options?
Self-employed borrowers in Washington have more options than ever. From conventional loans using tax returns to bank statement programs and asset-based qualification, Peter helps business owners find a path that reflects their real financial picture. Your mortgage options may go beyond W-2 income.
Peter Irungu (Mortgage Loan Originator, NMLS #2751063) helps homebuyers across Pierce & King County understand whether Self-Employed is the right fit and guides you through every step — from pre-qualification to closing.
Key Benefits
Flexible Income
Programs that may consider business or investment income.
Business Owner Focus
Built for the realities of self-employment.
Multiple Paths
Conventional, bank statement, and asset-based options.
Local Guidance
Peter understands Washington self-employed buyers.
Who Qualifies?
Eligibility requirements vary by program and lender. Here's a general overview:
- Documented self-employment (often 2+ years)
- Qualifying income via tax returns, bank statements, or assets
- Credit score and down payment vary by program
- Stable business cash flow
- Property meets the chosen program's requirements
How It Works
Apply
Share your goals in a quick, no-obligation pre-qualification.
Get Approved
Peter shops multiple lenders to find competitive rate options for you.
Close
Sign final documents and get your keys.
Rates & Terms
Rates shown are sample scenarios for illustrative purposes only. Actual rate and APR will vary based on credit profile, loan amount, property type, and market conditions. Contact Peter Irungu for a personalized quote.
Pricing varies by program & profile
Self-Employed Mortgage Options rates and terms depend on the lender, loan amount, property, and your qualifications. Peter will review your situation and find competitive options from our network of lenders.
Get Your Personalized Quote
Sample rates are just a starting point. Your actual rate depends on your unique profile. Peter will review your situation and find competitive options from our network of lenders.
Start My Pre-QualificationFrequently Asked Questions
Can I buy a house in Washington if I'm self-employed?
Yes. Self-employed borrowers can qualify for mortgages using documented business income, tax returns, and other financial records. Some alternative programs may use bank statements or other permitted income documentation, depending on lender guidelines.
How do self-employed borrowers qualify without W-2s?
Self-employed borrowers typically qualify using personal and business tax returns, profit-and-loss statements, and bank statements. Alternative programs may evaluate bank deposits or qualifying assets instead of traditional income documentation.
Do self-employed borrowers pay higher mortgage rates?
Not necessarily. Borrowers who qualify for conventional financing may receive standard rates. Alternative or non-QM programs may carry different pricing. Your rate and APR depend on the program, credit, and profile.
What documents does a self-employed borrower need?
Common documents include two years of personal and business tax returns, year-to-date profit-and-loss statements, business bank statements, and a business license or CPA letter. Alternative programs may require fewer tax documents.
Talk to Peter About Self-Employed
Have questions about self-employed mortgage options? Share a few details and Peter will reach out within one business day.
Ready to Explore Your Self-Employed Options?
Start with a no-obligation conversation. No credit pull required to get started.