Can I buy a new home if I am self-employed?
Yes. Most lenders ask for two years of tax returns. Some loans use your bank statements instead.
By Nick GutheryOwner & CEOUpdated Florida & Georgia
When you work for yourself, lenders look at what your tax returns show you earned after write-offs. Big write-offs lower your taxes, but they can lower what you qualify for too.
Bank statement loans look at the money coming into your account instead. They can cost more, so compare them with a regular loan.