Guides
Self employed mortgage guides
Plain English answers to the questions business owners, contractors and investors ask me most. Written for you and your CPA.
S corp owners and K-1 income
How lenders count W2 wages, K-1 income and distributions for S corp and partnership owners in California, and what to plan with your CPA before you buy.
Read the guide →Real estate investors and DSCR loans
How California real estate investors qualify for mortgages: DSCR loans based on rent, and how lenders add back depreciation on Schedule E for full doc loans.
Read the guide →1099 contractors and commissioned agents
How 1099 independent contractors, real estate agents and consultants in California qualify for a mortgage, including 1099 only loans that skip tax returns.
Read the guide →Using business funds for the down payment
Can you use money from your business account for a home down payment? What California lenders need, and why a CPA comfort letter usually isn't required.
Read the guide →Buying on a tax extension
Should self employed borrowers file their taxes before buying a home, or close first? How California lenders handle tax extensions and which year's income they use.
Read the guide →