Overview
This program is designed for self-employed borrowers
who are unable to provide traditional income verification
but have a proven 2-year history of managing their credit
and finances responsibly. Eligible borrowers typically own
a small size business for a minimum of two years, which
can be confirmed via a third-party arm’s length document.
In addition, the borrower is required to declare their
annual income and annual business revenue, which should
be reasonable based on the industry, length of operation
and type of business.
Self-Employed Borrowers can:

• Benefit from the convenience of reduced income
confirmation requirements

• Gain greater access to homeownership and home equity

• Benefit from reduced monthly mortgage payments

• Take advantage of low down payment options and
dedicate capital to their business