Can I qualify with one year of self-employment?
Yes, in some cases. With a strong prior work history in the same industry, certain conventional and non-QM loans allow just one year of self-employment, and one-year bank statement programs exist too.
Lenders want confidence the income is stable despite the short history. We'll match your situation to a one-year-friendly program and document the continuity.
Yes, in the right cases
You can qualify with one year of self-employment on certain loans. A conventional loan may allow it if your business is profitable and you worked in the same field before going solo.
The underwriter wants to see that your income is stable and likely to continue, which prior experience helps prove.
When you need less history
Bank statement and 1099 loans focus on current cash flow, so they often accept a shorter self-employment record than a standard loan.
One year on your own is not a dead end. Reach out and we will match you to a loan that works with your timeline.
Verify the details for your own situation against these government and agency sources: IRS ITIN overview and CFPB non-QM explainer.