HomeFAQDo I need two years of self-employment to qualify?
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Do I need two years of self-employment to qualify?

Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker

Usually, but not always. Standard guidelines want two years, yet certain conventional and non-QM programs accept one year of self-employment when you have prior experience in the same field.

A one-year bank statement loan is another route. We'll review your background and tell you which program fits your time in business.

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Can I qualify with one year of self-employment?What is a P&L statement loan?Can I use 1099 income to qualify?
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