Self-Employed Home Loans in Florida

Flexible Mortgage Solutions for Business Owners, Entrepreneurs & Independent Professionals

Owning your own business shouldn't stand in the way of buying a home or refinancing your current mortgage.

If you're self-employed, earn 1099 income, own a business, or have substantial assets but limited reportable taxable income, you may qualify for one of our flexible mortgage programs designed specifically for borrowers like you.

At Coast Capital Mortgage, I help homebuyers and homeowners throughout Florida find financing solutions that work with their financial situation—not against it. Through our network of wholesale lenders, we offer a variety of Non-QM (Non-Qualified Mortgage) programs that use alternative documentation instead of relying solely on tax returns.

Whether you're purchasing a primary residence, refinancing to lower your payment, pulling cash out for renovations, or financing an investment property, I'm here to help.

Ready to Get Started?

Click the "Apply Now" button to begin your secure online application.


Mortgage Programs for Self-Employed Borrowers

✔ Bank Statement Loans

Perfect for:

  • Business owners
  • Self-employed professionals
  • Independent contractors
  • Realtors
  • Consultants
  • Medical professionals
  • Attorneys
  • Gig economy workers
  • 1099 earners

Instead of qualifying with tax returns, many lenders review 12 or 24 months of personal or business bank statements to calculate qualifying income.

Typical Requirements

  • 12 or 24 months of bank statements
  • Generally 2 years of self-employment (some exceptions may apply)
  • Good credit history
  • Down payment or available equity
  • Available for purchases, refinances, and cash-out refinances

✔ Profit & Loss (P&L) Statement Loans

Some lenders offer programs that use a CPA- or tax preparer-prepared Profit & Loss Statement, sometimes combined with supporting business documentation, instead of full tax returns.

Ideal For

  • LLC owners
  • Sole proprietors
  • S-Corporations
  • Partnerships
  • Growing businesses

Typical Requirements

  • Current Profit & Loss Statement
  • Business documentation (as required)
  • Credit qualification
  • Down payment or equity requirements

✔ Asset Depletion (Asset Utilization) Loans

If you have significant liquid assets but little reportable income, you may qualify using an Asset Depletion program.

Eligible assets may include:

  • Checking accounts
  • Savings accounts
  • Stocks
  • Bonds
  • Mutual funds
  • Retirement accounts (subject to lender guidelines)

Instead of relying on employment income, the lender calculates qualifying income from eligible assets.

Great For

  • Retirees
  • High-net-worth individuals
  • Investors
  • Business owners
  • Early retirees

✔ Alternative Income Documentation for Owner-Occupied Homes

Some Non-QM lenders offer owner-occupied mortgage programs that rely on a combination of credit strength, verified assets, liquidity, reserves, and alternative documentation, rather than traditional W-2 income or full tax-return income. These programs still require the lender to verify your ability to repay using the documentation permitted under the program.

These programs may be a good fit if you:

  • Have substantial savings or investments
  • Own a successful business with significant write-offs
  • Receive irregular or seasonal income
  • Recently retired with strong assets
  • Prefer not to qualify using traditional tax-return income

Typical Requirements

  • Strong credit profile
  • Verified liquid assets
  • Required cash reserves
  • Down payment or home equity
  • Primary residence occupancy
  • Program-specific underwriting guidelines

I'll review your financial profile and match you with the lender and program that best fits your situation.


✔ DSCR Investment Property Loans

For investment properties, a Debt Service Coverage Ratio (DSCR) loan may allow you to qualify based primarily on the property's rental income rather than your personal income.

Ideal for:

  • Rental properties
  • Long-term investors
  • Portfolio expansion
  • LLC ownership (where permitted)
  • Cash-out refinances

Purchase or Refinance

These programs are available for many purchase and refinance scenarios.

Purchase

  • Primary residences
  • Second homes (program dependent)
  • Investment properties

Refinance

  • Rate-and-term refinance
  • Cash-out refinance
  • Debt consolidation
  • Home improvements
  • Investment property refinance

Step-by-Step: How to Qualify

Step 1 – Complete Your Application

Click Apply Now and submit your secure online application.


Step 2 – Consultation

We'll review:

  • Your goals
  • Business structure
  • Income sources
  • Assets
  • Credit profile
  • Down payment or available equity

Step 3 – Choose the Right Program

Based on your financial profile, we may recommend:

  • Bank Statement Loan
  • Profit & Loss Loan
  • Asset Depletion Loan
  • Alternative Income Documentation Program
  • DSCR Loan (Investment Property)

Step 4 – Credit Review

We'll evaluate:

  • Credit score
  • Mortgage history
  • Existing obligations
  • Overall credit profile

Step 5 – Property Review

We'll determine:

  • Property type
  • Occupancy
  • Loan amount
  • Equity or down payment
  • Program eligibility

Step 6 – Appraisal

A licensed appraiser determines the property's value when required.


Step 7 – Underwriting

The lender reviews:

  • Credit
  • Assets
  • Income documentation (if applicable)
  • Title
  • Insurance
  • Property valuation

Step 8 – Closing

Sign your documents and complete your purchase or refinance.


Eligible Property Types

These programs may be available for:

🏡 Single-Family Homes

  • Primary residences
  • Second homes
  • Investment properties

🏘 Townhomes

Available for many purchase and refinance transactions.


🏢 Condominiums

Eligible condominium projects may qualify under many Non-QM programs, subject to lender and project requirements.


🏠 2–4 Unit Properties

Many programs also finance duplexes, triplexes, and fourplexes, depending on occupancy and program guidelines.


Florida Markets We Serve

Northern Florida

We proudly help borrowers throughout:

  • Jacksonville
  • St. Augustine
  • Tallahassee
  • Pensacola
  • Destin
  • Panama City
  • Gainesville
  • Lake City

Known for military communities, healthcare, education, and a growing business sector, North Florida offers a wide range of housing opportunities.


Central Florida

Serving:

  • Orlando
  • Kissimmee
  • Winter Garden
  • Clermont
  • Davenport
  • Lakeland
  • Tampa
  • St. Petersburg
  • Clearwater
  • Sarasota

Central Florida continues to attract business owners, healthcare professionals, and entrepreneurs, with strong growth driven by tourism, technology, and logistics.


South Florida

Helping buyers and homeowners in:

  • Miami
  • Fort Lauderdale
  • Pompano Beach
  • Boca Raton
  • Delray Beach
  • Hollywood
  • Plantation
  • Coral Springs
  • Pembroke Pines
  • Miramar
  • Weston
  • West Palm Beach
  • Jupiter
  • Wellington
  • Naples
  • Fort Myers

South Florida remains one of the nation's strongest markets for self-employed professionals, investors, international buyers, and retirees.


Why Self-Employed Borrowers Choose These Programs

Many successful business owners legally reduce their taxable income through deductions. While that can lower taxes, it may also make qualifying for a conventional mortgage more difficult.

Alternative documentation programs allow many borrowers to qualify using cash flow, business performance, assets, or rental income instead of relying only on tax-return income.


Frequently Asked Questions

Do I need tax returns?

Not always. Depending on the program, you may qualify using bank statements, a Profit & Loss Statement, eligible assets, or other alternative documentation.

Can I refinance?

Yes. These programs are available for both rate-and-term and cash-out refinances.

Can I qualify if I write off a lot of business expenses?

Often, yes. That's one of the main reasons borrowers choose Bank Statement or P&L programs.

Can retirees qualify?

Yes. Asset Depletion and other asset-based programs can be excellent options for retirees with significant savings or investments.

Can I buy an investment property?

Yes. DSCR loans are designed specifically for investment properties and generally qualify based on the property's rental income.