How to Buy a House Self Employed: Your Colorado Springs Dream Home Awaits – A Guide to Mortgage Success

As an entrepreneur, freelancer, or business owner in Southern Colorado, you’re no stranger to hard work, innovation, and charting your own course. You’ve built something remarkable, often balancing multiple roles and making your own rules. So, when it comes to buying a home – whether it’s your first place in Monument, a move-up home in Broadmoor, or an investment property in downtown Colorado Springs – you might wonder if the path to a mortgage is as straightforward as it is for a W-2 employee.

Here at 719 Lending Inc., your trusted Colorado Springs mortgage broker, we believe your ambition and drive should be an asset, not an obstacle, to homeownership. While the mortgage process for self-employed individuals does involve a few unique considerations, it’s absolutely attainable. In fact, many self-employed buyers get approved for their dream homes every single day. We combine cutting-edge technology with personal care, offering real-time updates and direct communication, because we know your time is valuable.

This isn’t just a basic guide; it’s your expert-level roadmap to navigating the mortgage landscape as a self-employed borrower. We’ll demystify the process, equip you with actionable strategies, and show you how to present your financial story in the strongest possible light. Pre-approval for a mortgage helps identify how much one can afford and makes them a more serious buyer in the eyes of sellers. Get ready to turn your hard-earned success into the keys to your new home.

Introduction to Self Employment and Mortgages

Self-employment offers incredible freedom and flexibility, but it also brings unique challenges—especially when it comes to buying a home. For self-employed borrowers, the mortgage application process can feel more complex than it does for traditional employees. That’s because self-employment income is often irregular, seasonal, or harder to document, making mortgage lenders look a little closer at your financial picture. Self-employed individuals may be classified as such if they own 25% or more of a business or receive 1099 income.

Getting a mortgage when you’re self-employed involves unique steps and extra scrutiny, as lenders pay special attention to the stability and documentation of your income compared to traditional W-2 employees.

The good news? With the right preparation and guidance, self employed individuals can absolutely achieve their homeownership dreams. Understanding how mortgage lenders evaluate self employment income is the first step. Lenders will want to see a clear history of your earnings, typically through business tax returns and other financial documents. Whether you’re considering conventional loans, FHA loans, or VA loans, each program has its own requirements for self employed borrowers.

Navigating the mortgage application process as a self employed person means being proactive, organized, and ready to tell your financial story. By knowing what to expect and how to present your self employment income, you’ll be well on your way to a successful mortgage application and a new home in Colorado Springs.

The Self-Employed Advantage for Self Employed Borrowers (and Why Lenders See Things Differently)

You’re a master of your own destiny, with the flexibility and control that many only dream of. However, from a lender’s perspective, the “irregular” nature of self-employment income can sometimes be viewed with more scrutiny than a traditional, predictable W-2 salary. Navigating a mortgage when you’re self-employed means facing unique challenges and additional considerations, as lenders often apply stricter requirements and increased scrutiny compared to traditional employees. Lenders aren’t trying to make things difficult; they simply need a clear, consistent picture of your income to confidently assess your ability to repay a loan, both now and in the future. Obtaining a mortgage when you’re self-employed involves a unique process, often requiring more preparation and documentation to demonstrate your financial reliability.

The biggest difference lies in how income is verified. Lenders must carefully evaluate the borrower’s income when you’re self-employed, often requiring more detailed documentation than for traditional employees. Without pay stubs and W-2s, proving stable earnings becomes a more involved process. This is where strategic planning and expert guidance truly shine, allowing you to highlight your financial strength and stability.

Decoding Lender Requirements: What You Need to Know

Securing a mortgage as a self-employed individual means being prepared to showcase the health of your business and your personal finances in detail. Most mortgage lenders require specific documentation to verify your income and the legitimacy of your business, including state and business licenses. Self-employed individuals often show lower net income on tax returns due to legal tax deductions, which can complicate mortgage qualification. Think of it as telling your financial story comprehensively.

Income Documentation and Business Tax Returns: Your Business on Paper

This is often the most critical hurdle for self-employed borrowers. Lenders typically look for a consistent income history, usually requiring documentation spanning at least two years. Conventional loans require at least two years of self-employment history for self-employed borrowers, although one year may suffice with a documented history of comparable income. To assess a self-employed borrower’s financial stability, lenders closely analyze the borrower’s income by reviewing various income documentation to verify the ability to make mortgage payments. This thorough review of the borrower’s income helps lenders determine whether you can afford the mortgage payments and meet their lending criteria.

• Tax Returns are King (and Queen): Your personal federal tax returns (Form 1040) and, if applicable, business tax returns (such as Schedule C for sole proprietors, K-1s for partnerships, or 1120s for corporations) for the past two years are paramount. These documents are the foundation lenders use to calculate your qualifying income. Lenders often look specifically at your adjusted gross income (AGI) on your personal tax returns to determine how much income qualifies. It’s important to understand the difference between gross income (total revenue before expenses) and net income (income after expenses and deductions). Depending on the loan program, lenders may use your gross or net income for qualification. Mortgage lenders generally use net income after deducting business expenses to calculate taxable income for self-employed borrowers.
• The “Add-Back” Advantage: Here’s an insider tip many self-employed individuals overlook: Lenders understand that you take deductions to reduce your taxable income. The good news? Certain common business write-offs, like depreciation, mileage, and home office deductions, can often be “added back” to your income calculation for qualifying purposes. This can significantly increase your effective qualifying income, even if your reported taxable income appears lower.
• Profit & Loss (P&L) Statements: Current year-to-date P&L statements are typically required, showcasing your business’s ongoing financial performance. If possible, have these prepared by a third party, like your CPA, for added credibility. Lenders may also request financial statements to provide a comprehensive view of your business’s financial health. Self-employed borrowers often need to provide documentation such as profit and loss statements, bank statements, and 1099 forms to prove their income.
• Bank Statements: Lenders will often request personal and business bank statements, usually for the most recent 12 to 24 months. They’re looking for consistent deposits and a healthy cash flow, verifying your business’s stability. Lenders may calculate your average monthly income by averaging your deposits over the past two years to reflect your actual cash flow.
• Proof of Business Existence: Documents like your business license or registration, state and business licenses, proof of client relationships (contracts, invoices), and business insurance can help confirm the legitimacy and longevity of your enterprise.
• CPA Letter: A letter from your Certified Public Accountant (CPA) can be incredibly helpful. It confirms your business ownership, how long you’ve been self-employed, and can attest to the stability of your income. A CPA can also help you prove income and clarify whether your self-employment is your primary income source.

Employment History: Showing Longevity

Most lenders prefer to see at least two years of consistent self-employment history. This demonstrates stability and predictability in your earnings. Lenders look for evidence of steady income from self employed applicants, and may be cautious if they see declining income over time, as this could indicate potential business instability. As a self employed person, you’ll need to provide documentation that proves your income is reliable and meets the specific requirements set for self-employed applicants. Don’t despair if you’re newer to self-employment, though! There can be exceptions: some programs may consider one year of self-employment if you have a documented two-year track record in a similar line of work, showing comparable or greater income in your new role.

Credit Score: Your Financial Report Card

No matter your employment status, your credit score is a major player in mortgage qualification. Lenders use it to gauge your creditworthiness and your likelihood of repaying the loan. Aim for a score of at least 620 for conventional loans, and 580 for FHA loans. Some programs are available for borrowers with a lower credit score, though they may require a higher down payment or additional documentation. A higher score not only increases your chances of approval but can also unlock better interest rates, saving you thousands over the life of the loan.

Debt-to-Income (DTI) Ratio: Balancing Your Books

Your DTI ratio compares your total monthly debt payments to your gross monthly income. Your debt-to-income ratio includes all monthly debt obligations, such as credit cards, car loans, and student loans. Lenders typically prefer a DTI ratio of 36% or below, though some programs may allow up to 43-45% for conventional loans, and even 50% for FHA loans. A lower DTI indicates you have more disposable income to comfortably cover your mortgage payments. Remember, for self-employed individuals, this calculation uses your income after business expenses, which is why strategic tax planning is so crucial before applying.

Down Payment & Reserves: Cushioning Your Investment

While minimum down payment requirements exist (as low as 3% for some conventional loans and 3.5% for FHA), making a larger down payment can significantly strengthen your application. Having sufficient personal savings to cover both the down payment and payment and closing costs is essential for mortgage approval. It reduces the lender’s risk and can potentially lead to more favorable loan terms or even help you avoid Private Mortgage Insurance (PMI) on conventional loans. Some lenders may also require proof of cash reserves – funds available after closing – to demonstrate your financial stability in case of business fluctuations.

Business Accounts: Keeping Your Finances Mortgage-Ready

For self-employed individuals, the foundation of a successful mortgage application starts with well-organized business accounts. Keeping your business income and expenses separate from your personal finances isn’t just good practice—it’s essential when it comes time to document self employment income for a home loan. Lenders want to see a clear, consistent record of your self employed income, and having dedicated business accounts makes it much easier to provide the necessary profit and loss statements, track your cash flow, and verify your taxable income.

A dedicated business checking account and credit card allow you to accurately report self employed income and document self employment income without the confusion of mixed transactions. This organization streamlines the process of generating profit and loss statements and ensures that your business expenses are clearly accounted for, which is crucial when lenders review your financials. By maintaining up-to-date business accounts, you can quickly demonstrate that you generate sufficient income to qualify for a mortgage, giving lenders confidence in your ability to manage monthly payments.

Ultimately, a well-structured business accounting system not only supports your day-to-day operations but also positions you as a strong candidate in the eyes of mortgage lenders. It’s a proactive step that pays off when you’re ready to turn your self employment success into homeownership.

Common Challenges and Solutions

For many self employed borrowers, the biggest hurdle is proving consistent, reliable income. Mortgage lenders typically require at least two years of documented self employment income, which can be tough if your business is new or your earnings fluctuate. Irregular income streams and complex business structures can make it harder to meet standard documentation requirements.

The solution? Be prepared to go the extra mile with your paperwork. In addition to your business tax returns, providing up-to-date profit and loss statements and detailed bank statements can help paint a clearer picture of your income stability. These documents show mortgage lenders that your self employment is a steady source of income, even if it doesn’t look like a traditional paycheck.

If you’re just starting out or have non-traditional income, consider working with a lender who specializes in self employed mortgages. These experts understand the nuances of self employment and can help you navigate alternative documentation options. Keeping your debt to income ratio low is also key—paying down debts and managing expenses will make you a more attractive borrower. With thorough documentation and a proactive approach, self employed borrowers can overcome these common challenges and move closer to homeownership.

Mortgage Costs and Expenses: Planning for the Full Picture

When you’re self employed, planning for a mortgage means looking beyond just the home price. Self employed borrowers need to consider the full spectrum of costs and expenses that come with a mortgage, including the down payment, closing costs, and ongoing monthly mortgage payments. Because mortgage lenders typically view self employed individuals as having less predictable income, you may be asked to make a larger down payment or show more substantial cash reserves to offset this perceived risk. USDA loans require no down payment and are available to self-employed borrowers in eligible rural areas, provided they meet income limits and have a two-year history in their current role.

It’s important to review your personal finances and credit reports before starting the mortgage application process. Lenders will closely examine your business income, cash reserves, and ability to cover both the down payment and several months of mortgage payments. Closing costs can add up quickly, so factor these into your budget alongside your monthly mortgage payments to avoid surprises at the closing table.

By understanding all the costs involved and ensuring you have sufficient cash reserves, you’ll be better prepared to navigate the mortgage application process. Careful planning and a clear picture of your financial health can help self employed borrowers choose the right mortgage option and increase the likelihood of approval. With the right preparation, you can confidently move forward on your path to homeownership in Colorado Springs.

Navigating Your Loan Options: Tailored Solutions for You

The good news is that self-employed borrowers often qualify for the same range of mortgage products available to W-2 employees, with some specialized options designed just for unique income structures. Self-employed borrowers are eligible for all major mortgage programs, including conventional loans, FHA loans, VA loans, and USDA loans. VA loans, available to veterans and active-duty military members, typically have no down payment or mortgage insurance requirements, making them a low-cost option for self-employed borrowers. Here at 719 Lending, we pride ourselves on matching you with the perfect fit from our diverse portfolio.

• Conventional Loans: These are the most common type of mortgage loans, often preferred by borrowers with good credit and a solid down payment. Conventional mortgages are backed by Fannie Mae, which sets the guidelines for eligibility and income documentation, especially for self-employed borrowers. They offer flexibility but generally have stricter income documentation requirements, leaning heavily on your net taxable income from tax returns. Some borrowers may use retirement income to help qualify for a mortgage loan, depending on the loan program. If your down payment is less than 20%, PMI will likely be required. Working with an experienced loan officer who understands the unique needs of self-employed borrowers can make the process much smoother.
• FHA Loans: Insured by the Federal Housing Administration, FHA loans are a fantastic option, particularly for first-time homebuyers or those with lower credit scores (as low as 580 with 3.5% down). FHA loans are often attractive for self-employed borrowers due to their lenient requirements, including a minimum credit score of 500 and a down payment of 3.5%. They offer more lenient qualification criteria, making homeownership accessible to a broader range of individuals. However, FHA loans require mortgage insurance for the life of the loan in most cases.
• VA Loans: For our courageous active-duty service members, veterans, and eligible surviving spouses in Southern Colorado, VA loans are an unparalleled benefit. These government-backed loans often require no down payment and typically come with competitive interest rates and no monthly mortgage insurance. At 719 Lending Inc., we are deeply committed to assisting veterans and understand the unique advantages of VA home loans.
• Jumbo Loans: If your Colorado Springs dream home exceeds conventional loan limits, a jumbo loan might be the answer. These are for larger loan amounts and typically have stricter qualification criteria, often including higher credit score requirements and larger down payments.
• DSCR (Debt Service Coverage Ratio) Loans: For self-employed investors looking to expand their rental property portfolio in Colorado Springs, DSCR loans are a game-changer. Unlike traditional mortgages, DSCR loans focus primarily on the investment property’s ability to generate enough rental income to cover its mortgage payments, rather than relying on your personal income documentation. This can be incredibly beneficial for entrepreneurs and seasoned investors with complex financial structures. Colorado Springs boasts a robust rental market, making DSCR loans a powerful tool for local investors.
• Bank Statement Loans (Non-QM): If your tax returns show significant write-offs that reduce your net taxable income, a bank statement loan could be an excellent alternative. These “non-qualified mortgages” allow lenders to assess your income based on 12 to 24 months of personal or business bank statements. While they may sometimes come with slightly higher interest rates or larger down payment requirements than conventional loans, they offer invaluable flexibility for self-employed individuals.

To explore more about Colorado Springs loan options, visit our resource page.

Mortgage Application Process: Step-by-Step from Pre-Approval to Closing

For self employed borrowers, the mortgage application process can feel like navigating a maze, but breaking it down into clear steps makes it much more manageable. Here’s what you can expect from start to finish:

1. Pre-Approval:Begin by seeking pre-approval from your chosen lender. This involves a review of your credit, a preliminary look at your financials, and an estimate of how much you can borrow. For self employed individuals, this is the time to gather your business tax returns, personal tax returns, profit and loss statements, and recent bank statements. Pre-approval not only clarifies your budget but also shows sellers you’re a serious buyer.

2. Application Submission:Once you’ve found a property, you’ll complete a formal mortgage application. Be prepared to provide detailed documentation of your self employed income, including updated profit and loss statements, business expenses, and any other records that demonstrate you generate sufficient income to cover monthly mortgage payments.

3. Underwriting and Appraisal:The lender’s underwriting team will carefully review your application, focusing on your ability to make mortgage payments. They’ll analyze your tax returns, business expenses, and bank statements to ensure your income is stable and sufficient. An appraisal of the property will also be ordered to confirm its value.

4. Final Approval and Closing Disclosure:If everything checks out, you’ll receive a final loan approval and a closing disclosure outlining your payment and closing costs. Review these documents carefully to ensure all details are correct.

5. Closing:At closing, you’ll sign the final loan documents and pay any remaining costs. Once complete, the keys to your new home are yours!

Throughout the mortgage application process, staying organized and maintaining accurate records is crucial. By clearly documenting your self employed income and business expenses, you’ll demonstrate to lenders that you’re well-prepared to manage your mortgage payments and achieve homeownership.

Mortgage Lender Options: Choosing the Best Fit for Your Business

As a self employed borrower, choosing the right mortgage lender is a critical step in your home buying journey. Not all lenders are created equal—some specialize in working with self employed individuals and understand the nuances of self employed income, while others may have more rigid requirements.

Conventional lenders—such as banks and credit unions—offer a wide array of loan products, including conventional mortgages and FHA loans. These lenders typically have established processes for reviewing business tax returns and profit and loss statements, but may require more extensive documentation from self employed borrowers.

Non-QM (Non-Qualified Mortgage) lenders are a great option for self employed individuals with unique financial situations, such as inconsistent income or significant business expenses that reduce taxable income. These lenders may offer more flexible underwriting, including bank statement loans that use your actual cash flow rather than just your tax returns.

VA lenders specialize in loans for veterans and active-duty military personnel, offering favorable terms and often requiring no down payment. USDA lenders provide loans for properties in eligible rural areas, with flexible guidelines for self employed borrowers.

When selecting a lender, consider their experience with self employed borrowers, their understanding of the mortgage application process, and their willingness to guide you through the documentation requirements. Compare interest rates, fees, and loan options to find the best fit for your business and financial goals.

Self-Employed Mortgage FAQs: Answers to Your Top Questions

What is the debt-to-income ratio, and why does it matter?The debt-to-income ratio (DTI) compares your total monthly debt payments—including your new mortgage—to your gross monthly income. For self employed borrowers, lenders use this ratio to assess your ability to manage monthly mortgage payments alongside other obligations. Keeping your DTI low increases your chances of approval.

How do I report and document self employed income?You must report all self employed income on your mortgage application. Lenders typically require business tax returns, profit and loss statements, and personal tax returns to verify your income. Accurate documentation is essential to show you generate sufficient income to qualify.

What is the minimum down payment for self employed borrowers?The minimum down payment depends on the loan type: FHA loans usually require at least 3.5%, while conventional loans often start at 5%. Some programs may allow for lower down payments, but a larger down payment can strengthen your application.

What if my income fluctuates or is seasonal?Lenders will look at your average monthly income over the past two years, using your tax returns and bank statements to assess consistency. Providing thorough documentation and explanations for any fluctuations can help.

Do I need to separate business and personal finances?Yes, keeping business expenses and income separate from personal accounts makes it much easier to document your self employed income and satisfy lender requirements during the mortgage application process.

Staying Organized and Prepared

Organization is your best friend when applying for a mortgage as a self employed borrower. Mortgage lenders typically want to see a clear, well-documented financial history, so keeping your records in order is essential. This means maintaining accurate business tax returns, up-to-date profit and loss statements, and detailed bank statements for both your business and personal accounts.

You’ll also need to provide proof of your business’s legitimacy, such as a business license, state and business licenses, and business insurance. These documents help verify your income and demonstrate the stability of your self employment. Understanding the difference between gross and net income is crucial, as lenders usually use your net income to calculate your debt to income ratio.

Strong cash flow is another important factor—lenders want to see that you have enough income coming in to comfortably cover your monthly mortgage payments. By staying organized and prepared, you’ll make the mortgage application process smoother and show lenders that you’re a responsible, reliable borrower.

Creating a Budget and Financial Plan

A solid budget and financial plan are essential tools for self employed borrowers looking to buy a home. Start by tracking all your income sources, including self employment income, and listing every expense—both business and personal. Don’t forget to account for business expenses, as these can impact your taxable income and, in turn, your mortgage eligibility.

Saving for a down payment and payment and closing costs should be a top priority. These upfront expenses can be significant, so building up your savings demonstrates financial responsibility to mortgage lenders. Your budget should also ensure you generate sufficient income to cover monthly mortgage payments, property taxes, insurance, and any other homeownership costs.

By creating a comprehensive financial plan, you’ll be able to show mortgage lenders that you’re prepared for the responsibilities of homeownership. Careful planning not only helps you qualify for a mortgage but also sets you up for long-term financial success as a self employed homeowner.

Avoiding Common Mistakes

Navigating the mortgage application process as a self employed borrower comes with its own set of potential pitfalls. One of the most common mistakes is failing to provide enough documentation to verify your income and business stability. Make sure you have all the necessary paperwork—like business tax returns, profit and loss statements, and bank statements—ready to go.

It’s also important to be honest and accurate when reporting your income and expenses. Misrepresenting your finances can lead to mortgage denial or even legal trouble. Don’t overlook the importance of shopping around for the best mortgage rates and terms; different lenders may offer different options for self employed borrowers.

Keep a close eye on your credit reports and credit utilization, as these factors play a big role in your mortgage eligibility and the interest rates you’ll be offered. Avoid taking on new debt or letting your debt to income ratio climb too high, and be mindful of the impact of declining income or irregular earnings. Working with a lender experienced in self employed mortgages can help you avoid these common mistakes and put you on the path to a successful home purchase.

Your Roadmap to Mortgage Success: Expert Tips from 719 Lending

Navigating the mortgage process as a self-employed individual can feel like a complex puzzle, but with the right pieces and an expert guide, you can confidently achieve homeownership.

1. Start Early – Like, Years Early: This is perhaps the most crucial advice. Don’t wait until you find your dream home to start preparing. Begin planning one to two years in advance. This gives you ample time to optimize your finances, gather necessary documentation, and strategically manage your tax deductions with your CPA.
2. Sharpen Your Financial Profile:

*   **Prioritize Credit:** Regularly check your credit reports for accuracy and work to improve your score. Pay bills on time, keep credit utilization low, and avoid opening new credit accounts before applying for a mortgage.

*   **Manage Your Debts:** Pay down existing debts to lower your DTI ratio. This demonstrates greater financial capacity to lenders.

*   **Separate Business & Personal Finances:** Maintain distinct bank accounts and credit cards for your business and personal expenses, and always keep business expenses separate from personal spending. This creates clear, auditable records that streamline income verification and simplifies the mortgage process.

*   **Be Strategic with Deductions:** While maximizing deductions is smart for tax season, remember they reduce the income lenders use to qualify you for a loan. Work with your tax advisor and mortgage broker to find a balance that supports both your business and your homeownership goals, especially in the one to two years leading up to your application.

*   **Build Your Savings:** A larger down payment and healthy cash reserves are powerful tools that can mitigate perceived risk and open up more loan options.

1. Consistency is Your Superpower: Lenders love consistency. They want to see stable or upward-trending income over time, demonstrating the long-term viability of your business.
2. Avoid Major Financial Changes: In the months leading up to your application, refrain from significant life changes like opening new lines of credit, taking on new large debts, or drastically altering your business structure.
3. Partner with a Local Expert: This is where 719 Lending Inc. truly stands out. Not every lender understands the nuances of self-employed income. As a premier Colorado Springs mortgage broker, we specialize in guiding self-employed individuals like you through this process. We’ll help you:

*   Review your tax returns early to identify qualifying income and potential "add-backs."

*   Structure your financial file for maximum approval strength.

*   Navigate different loan programs to find the one that best suits your unique situation and goals.

*   Communicate proactively with underwriters, addressing any questions about your business earnings and liabilities clearly and effectively.

Finding the Right Mortgage Professional in Colorado Springs

Partnering with the right mortgage professional can make all the difference for self employed borrowers. Look for a loan officer who has extensive experience with self employed mortgage applications and understands the unique challenges you face. A knowledgeable professional will guide you through the process, help you prepare the necessary documentation, and recommend the best loan options—whether that’s conventional mortgages, FHA loans, or VA loans.

Local expertise is invaluable. A mortgage professional familiar with the Colorado Springs market can offer insights into local property values, lending trends, and programs tailored to self employed individuals. At 719 Lending, our team specializes in helping self employed borrowers navigate the mortgage application process with confidence and clarity, ensuring you find the right solution for your business and personal goals.

Staying Informed and Up-to-Date: Keeping Ahead in the Mortgage Market

The mortgage landscape is always changing, and staying informed is key for self employed borrowers. Keep an eye on updates from trusted sources like the Federal Housing Administration and the Mortgage Bankers Association to stay current on new loan products, changing interest rates, and evolving qualification standards.

Regularly review your personal finances, including your credit reports, debt to income ratio, and cash reserves, to ensure you’re always ready to take advantage of new opportunities. Working closely with a knowledgeable loan officer can help you stay ahead of market trends and regulatory changes, giving you the best chance of securing a self employed mortgage that fits your needs.

By staying proactive and informed, you’ll be well-positioned to navigate the mortgage market, adapt to changes, and achieve your homeownership goals in Colorado Springs.

Your Colorado Springs Homeownership Journey Starts Here

Becoming a homeowner as a self-employed individual is not just a possibility; it’s a reality we help create every day. While the path may require a bit more preparation and documentation, the freedom and rewards of owning your own home in the vibrant Southern Colorado community are well worth the effort.

At 719 Lending Inc., we blend cutting-edge technology with personal care, offering real-time updates through our intuitive online portal and direct communication. We pride ourselves on transparency, honesty, and exceptional service. From VA loans to options for first-time buyers, investors, and self-employed clients, we deliver competitive rates and trusted guidance—online or in person downtown.

Don’t let the complexities of self-employment deter you from your dream home. Let’s work together to make your homeownership goals a reality.

—

SEO Keyphrase: Self-Employed Mortgage Colorado Springs
If you’re considering selling your home, check out these great questions to ask your Colorado Springs real estate agent before working with one.

Meta Description: Navigating a mortgage as a self-employed individual in Colorado Springs? This expert guide details income requirements, loan options, and tips for success, including how VA disability benefits can strengthen your mortgage application. Read More>>

Excerpt: Being self-employed offers incredible freedom, but when it comes to buying a home, the mortgage process can feel complex. This expert guide from 719 Lending Inc. demystifies how self-employed individuals in Colorado Springs can secure a mortgage, covering income documentation, loan options like conventional, FHA, VA, DSCR, and bank statement loans, and essential tips for preparing your finances. Discover how to leverage your entrepreneurial success to achieve your homeownership dreams.

The post How to Buy a House Self Employed: Your Colorado Springs Dream Home Awaits – A Guide to Mortgage Success appeared first on 719 Lending.