Can I get a mortgage as an Uber driver?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. As a rideshare driver you're self-employed, so you qualify with two years of tax returns or a bank statement or 1099 loan based on deposits or gross pay. A steady earnings history helps most.
If mileage and expense deductions cut your net income, the bank statement route often qualifies you for more. We'll pick the method that works in your favor.
Rideshare income qualifies
Yes, Uber and other rideshare drivers can get mortgages. Lenders view this as self-employment income and typically want two years of history to see that your earnings are steady.
They will average your income and account for vehicle and business expenses on your tax returns.
Maximizing your income
If deductions cut your reported income, a bank statement loan can qualify you on your deposits, which often shows a stronger picture of what you actually earn.
Driving for a living should not keep you from owning. Reach out and we will match your rideshare income to the right loan.