Real Talk With Matt

One in ten Americans are self-employed, driving our economy forward. Entrepreneurs, contractors, realtors, and so many more – this clip is for you. You might be one of the many who've been told 'no' before. Let's explore why.

Too many buyers are told 'no' before exploring all their options. They deserve to know what's truly possible. If this insight helped, share it with another business owner or realtor who can benefit.

My job is to understand your unique financial situation and goals, not force you into a box. Conventional, FHA, VA, bank statement, asset depletion, or 1099 loans – we explore all options to find the best fit for you and your family. Every conversation starts with listening.

Business owners earn income differently, and lenders have programs designed just for you. Don't let a 'no' before you're understood stop you. Explore your options and unlock homeownership.

As a self-employed individual, your CPA aims to lower your tax bill by taking legitimate deductions. That's smart for taxes! However, mortgage underwriters focus on your ability to repay a loan. These are two entirely different objectives. Knowing this distinction is crucial for securing financing.

Your CPA and your mortgage underwriter have opposing goals. A CPA minimizes taxes, while an underwriter assesses your ability to repay. This means your adjusted gross income can look vastly different depending on who's reviewing your tax returns. For self-employed borrowers, understanding this difference is key to a successful mortgage application.

Self-employed individuals often hear 'I don't think I qualify.' The reasons? 'My CPA writes everything off,' 'My bank turned me down,' or 'I don't show enough income.' If you're self-employed or work with them, this could change everything you know about mortgage financing.

Traditional lenders focus on tax returns, but that doesn't capture the full financial picture for entrepreneurs. Bank statement loans and DSCR loans use business cash flow to qualify self-employed borrowers, opening doors to significantly higher purchase power. Don't let outdated methods limit your homeownership goals.

One realtor partner shared how they're showing properties 4-5 times a week but can't even put an offer in due to the number of homes for sale. Compare that to 3 years ago when those same homes had multiple offers by the weekend. This doesn't mean the market is bad; it means it's becoming more balanced – a healthy sign for both buyers and sellers.

Tired of hearing 'no' from banks? Many self-employed borrowers are told there's no income because you write off everything. The message today is clear: there are fantastic loan options available for you.