: Most lenders require at least two years of consistent self-employment in the same industry.
Exceptions : You may qualify with only one year if you have a strong two-year history in a similar field as a W-2 employee prior to becoming self-employed. self employed buying a house
Buying a home while self-employed is absolutely possible, but it requires significantly more documentation and strategic financial planning than a standard W-2 application. Lenders primarily care about and your ability to prove it through net earnings. Core Requirements for Approval : Most lenders require at least two years
Unlike W-2 workers who only need paystubs, you must provide a detailed financial history: Self-Employed Mortgage Loan | Requirements 2026 self employed buying a house