Self-Employed Mortgage Arizona 2026 | Bank Statement Loans | Todd Uzzell
Self-Employed Mortgage Guide · Arizona 2026 · Todd Uzzell NMLS #1525192

Self-Employed Mortgage
Arizona 2026

Being self-employed does not disqualify you from buying a home in Arizona. It means you need the right program — and a lender who knows how to work with non-traditional income. Here is what you need to know.

Self-Employed Mortgage Options in Arizona

📋 Conventional / FHA — 2 Year Tax Returns

The standard path. Lender averages your net income from Schedules C, E, or K-1 over 2 years. Works well if your net income after deductions is sufficient to support the loan.

Income usedNet taxable income (avg 2 yrs)
History required2 years self-employed
Down payment3–3.5% minimum
Credit score580+ (FHA), 620+ (Conv.)
Best forLow business deductions

🏦 Bank Statement Loan — Non-QM

Income calculated from 12 or 24 months of bank deposits — not tax returns. Perfect for self-employed borrowers who write off significant business expenses and show low net income on taxes but have strong cash flow.

Income usedBank deposits × expense ratio
History required12–24 months self-employed
Down payment10–20% typical
Credit score620+ typical
Best forHigh write-offs, strong deposits

📑 1099 Income Program

Some lenders accept 1 or 2 years of 1099 forms to calculate income — without requiring business tax returns. Good for independent contractors, gig workers, and freelancers with consistent 1099 income.

Income used1099 average (1-2 years)
History required1–2 years 1099 history
Down payment10–20% typical
Credit score620+ typical
Best forContractors, consultants, gig

🏢 DSCR Loan — For Investors

No personal income documentation required. Qualifies based on the rental property's projected income (rent) vs. mortgage payment. No W-2s, no tax returns, no employment verification.

Income usedProperty rental income only
History requiredNone for personal income
Down payment20–25% typical
Credit score640+ typical
Best forInvestment property buyers

What Documents You Need

Tax Return Path

2 years personal federal tax returns (all pages)
2 years business tax returns (if applicable)
Year-to-date P&L statement
2 months business bank statements
Business license or CPA letter

Bank Statement Path

12 or 24 months personal bank statements
12 or 24 months business bank statements
CPA letter or business license
Expense ratio letter (if business acct used)
No tax returns required
✓ The bank statement advantage: A self-employed buyer with $200,000 in gross deposits but $120,000 net after deductions can potentially qualify on $200,000 income (or a % of deposits) with a bank statement loan — vs. only $120,000 on the tax return path. The difference in qualifying loan amount can be $200,000+ on a purchase.

FAQs — Self-Employed Mortgage Arizona

Can self-employed people get a mortgage in Arizona?
Yes — self-employed buyers have multiple paths to mortgage qualification in Arizona. The standard conventional and FHA path uses 2 years of tax returns. Bank statement programs qualify based on bank deposits. 1099 programs work for contractors. DSCR programs work for investors. The right path depends on your income structure and documentation.
What is a bank statement loan?
A bank statement loan uses 12 or 24 months of bank account deposits to calculate qualifying income instead of tax returns. If your deposits show strong cash flow but your tax returns show low net income due to business deductions, a bank statement loan can qualify you based on actual revenue rather than taxable income.
Do I need 2 years of self-employment history to get a mortgage?
For conventional and FHA loans using tax returns: yes, 2 years of self-employment is standard. Bank statement programs typically require 12–24 months. If you recently went self-employed but have W-2 history in the same industry, some programs allow exceptions. Todd will identify which programs work for your specific timeline.
Todd Uzzell
Todd Uzzell
Licensed Arizona Mortgage Lender · NMLS #1525192

Extensive experience with bank statement, 1099, and non-QM loans for self-employed Arizona buyers. Starboard Financial NMLS #156931, BK-0910725. 480-330-1724.

Self-Employed in Arizona? Let's Find Your Path.

Todd will review your income structure and tell you exactly which program gives you the best qualifying amount and lowest payment.

Review My Income Situation → 📞 480-330-1724

NMLS #1525192 · Equal Housing Lender · Non-QM loan terms vary by lender

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