Product – Self-Employed – Bad Loan Brothers

Self-Employed

Self-employed borrowers should be celebrated because they embody independence, creativity, and the drive to build something of their own. While getting approved for a home loan can be more challenging without traditional W-2 income, it doesn’t mean homeownership is out of reach. With the right expertise, we know how to structure applications using tools like bank statements, P&Ls, and alternative documentation to highlight true financial strength. Our experience helps simplify the process, making what once felt overwhelming feel clear and achievable. By understanding the unique needs of entrepreneurs, we make it easier for self-employed borrowers to secure the financing they deserve.

Bank Statement

Bank Statement loans are designed for self-employed borrowers or business owners who don’t have traditional W-2s or tax returns to verify income. Instead, lenders review 12–24 months of personal or business bank deposits to measure consistent cash flow. This flexibility makes it easier for entrepreneurs to qualify for investment properties.

Profit & Loss Loans

Profit and Loss (P&L) loans are a great option for self-employed borrowers because they use a business’s P&L statement to verify income instead of requiring tax returns. This allows entrepreneurs to showcase their true earning potential while keeping the process streamlined and flexible.