If you are shopping for a home while self-employed, you need a specialized lending product that allows you to quickly and easily apply for a mortgage.

X2 Mortgage makes it simple to apply for a home loan through our self-employed borrower loan program.

Do You Need a Self-Employed Mortgage Loan?

You can buy a home with a self-employed borrower mortgage if you are any of the following:

• Self-employed
• A freelancer
• An entrepreneur
• A business owner
• An investor

Basically, self-employed borrower loans are appropriate for anyone who does not have a W-2 tax form, or who earns income in addition to what is reported on a W-2.

Since you verify your income for this type of loan with bank statements instead of a W-2 form, they are also known as “bank statement loans.”

Benefits of Self-Employed Mortgage Loans

Self-employed borrower loans offer these unique advantages:

• Apply for a mortgage without a W-2. If you do not have a W-2, it is impossible to apply for a mortgage the traditional way. But your lack of a W-2 need not stand in your way with a self-employed borrower loan. With your bank statements, we can verify your income and move you forward in the process.
• A process built around your needs. Even when a big box lender is willing to work with you as a self-employed individual, they may have a cumbersome process in place since they are adjusting their usual process to fit you. But our self-employed borrower loan program is built specifically for borrowers like you. That means that we can process your application quickly and efficiently so you can close fast.
• Account for all of your income, regardless of its source. Your bank statements tell the full story of your income in a way that a W-2 cannot. For this reason, we also recommend the self-employed loan process even for borrowers who have a W-2, but earn extra income through other means. The more income we can account for, the more competitive your qualifications will be.

Apply for a Self-Employed Mortgage Loan

No matter how you earn your income, you can purchase a beautiful home with a flexible mortgage. To learn more about self-employed borrower loans or apply now, please call us today at (480) 992-4200 to schedule your consultation. Based in Chandler, Arizona we work with self-employed individuals across numerous states.