Self-Employed MortgagePennsylvania & New Jersey
Bank statements, 1099s, and write-offs don't have to block your mortgage. We specialize in self-employed home loans in PA & NJ—no W-2s required, no tax return headaches.
- Qualify using 12 or 24 months of bank statements
- No W-2s or tax returns required
- Pre-qual in 60 seconds—no hard credit pull
- Self-employed, 1099, business owner, freelancer—all welcome
The Problem — And Our Solution
Self-employed mortgage applicants in Pennsylvania and New Jersey face unique obstacles that traditional lenders are not built to handle. We are.
What Banks Tell You
Your tax returns show low income
Legitimate write-offs that reduce your tax bill can make it impossible to qualify with traditional lenders—even if your bank account tells a very different story.
W-2 lenders just cannot work with you
Most big banks are built for salaried employees. If your income fluctuates, comes from multiple clients, or runs through a business entity, they often say no.
Two years of self-employment required
Many programs demand 2 full years of self-employment history—locking out newer business owners and recent freelancers who are already financially solid.
You do not know which loan you qualify for
Bank statement loans, DSCR, asset-based lending—there are options, but navigating them without a specialist wastes time and can ding your credit.
What We Do Instead
Bank deposits prove your income
We use 12 or 24 months of personal or business bank statements to calculate qualifying income—write-offs do not count against you.
Lenders who specialize in self-employed
Our wholesale lender network includes institutions specifically designed for business owners, 1099 earners, and entrepreneurs in PA & NJ.
Flexible income history requirements
Some programs accept as little as 1 year of self-employment—or use your business assets and rental income instead of earned income.
We find your best fit in 60 seconds
Answer a few quick questions in our Pre-Qual Quiz and get matched to the right program—no credit pull, no commitment, no wasted time.
Self-Employed Mortgage Options in PA & NJ
There is no one-size-fits-all answer for self-employed borrowers. Here are the four programs we use most often to get business owners and 1099 earners to closing.
Bank Statement Loan
The flagship self-employed mortgage in PA & NJ
Best for: Business owners, freelancers, consultants, contractors
- 12 or 24 months of personal or business bank statements replace W-2s
- No tax returns required—write-offs stay where they belong
- Qualify on real cash flow, not IRS-adjusted income
- Available for purchase, refinance, and cash-out in PA & NJ
- Loan amounts from $150K to $3M+ depending on profile
DSCR Loan
Qualify on the property's rental income, not yours
Best for: Real estate investors, Poconos rental owners, landlords
- Debt Service Coverage Ratio (DSCR) replaces personal income verification
- No tax returns, no W-2s, no employment verification—period
- Ideal for short-term Poconos rentals and long-term PA/NJ investment properties
- Close in your LLC or personal name
- Expand your portfolio without your DTI holding you back
Asset Depletion Loan
Your savings and investments = qualifying income
Best for: Retirees, high-net-worth borrowers, those with large liquid assets
- Lenders divide your total liquid assets over the loan term to create income
- Retirement accounts, brokerage portfolios, and savings all count
- No employment or income documentation required
- Excellent option if you are semi-retired or between business ventures
- Available in Pennsylvania and New Jersey for purchase and refinance
1099 Income Loan
Built for independent contractors and gig workers
Best for: Independent contractors, gig economy workers, commission-based earners
- Use 1–2 years of 1099 forms instead of full tax returns
- Great for real estate agents, medical professionals, consultants
- Average or most recent 12 months of 1099 income used for qualifying
- Works with fluctuating income—lenders understand your earning pattern
- Available across Pennsylvania and New Jersey markets
Not sure which program fits you? Take 60 seconds to find out—no credit check.
Take the Free Pre-Qual QuizFrom Quiz to Closing — Here's How It Works
Getting a self-employed mortgage in Pennsylvania or New Jersey does not have to be complicated. We have streamlined the whole thing.
Take the 60-Second Quiz
Answer 4 quick questions about your borrower type, property goals, and location. No SSN. No hard credit pull. We match you to the right program instantly.
Start QuizFree Strategy Session
We review your situation—bank statements, income structure, credit, and goals—then build a customized mortgage game plan specifically for self-employed borrowers in PA or NJ.
Schedule a CallSoft Pre-Qualification
You share 2–3 months of bank statements and we issue a soft pre-qual letter. No hard inquiry yet. This tells sellers and agents you are a serious, qualified buyer.
Full Application & Approval
We submit your complete file to the best-fit lender in our network. Underwriting for bank statement and DSCR loans is fast—many clients get conditional approval within 48–72 hours.
Apply NowClose & Move In
We guide you through appraisal, title, and final approval. Average close times for our self-employed clients in Pennsylvania and New Jersey are 21–30 days.
Ready to start at Step 1?
It takes 60 seconds. No credit check. No obligation.
Take the Free Pre-Qual QuizSelf-Employed Mortgage FAQ — PA & NJ
Everything you need to know about getting a mortgage when you work for yourself in Pennsylvania or New Jersey.
Not always. Traditional lenders typically require 2 years, but our bank statement loan programs can work with as little as 12 months of self-employment history in Pennsylvania and New Jersey. We assess your actual cash flow—not an arbitrary time requirement.
What Self-Employed PA & NJ Borrowers Say
“Three banks turned me down because my write-offs made my income look too low. Property Loan Wizard got me approved with bank statements in under 3 weeks. Closed on my first home at 38.”
Marco D.
Freelance Architect · Allentown, PA
“I had no idea DSCR loans existed. The 60-second quiz pointed me right to it. Closed on my second Poconos vacation rental without using my tax returns at all.”
Tanya R.
Owner · Poconos Short-Term Rental
“As a 1099 earner in NJ I thought I was stuck renting forever. The bank statement program changed everything. Professional, fast, and they actually explained everything clearly.”
Kevin M.
Independent Contractor · Cherry Hill, NJ
Find Out What You Qualify For
as a Self-Employed Borrower
Answer 4 quick questions and get a custom mortgage game plan for your property in Pennsylvania or New Jersey—no SSN, no hard credit check, no commitment.
Licensed Pennsylvania & New Jersey Mortgage Broker · NMLS 250769 · Brodheadsville, PA 18322