Traditional mortgages penalize self-employed borrowers who write off business expenses. G Elite Capital offers bank statement, 1099-only, and P&L-based loan programs that qualify on real cash flow.
Choose the documentation type that best represents your income.
Lenders average deposits over 12 or 24 months and apply an expense factor (usually 50% for personal accounts, higher for business accounts based on industry).
Most programs require 24 months of self-employment history, though some allow 12 months with prior W-2 employment in the same field.