Self-Employed? Here’s How Opulence Can Help You Qualify for a Mortgage

If you’re self-employed and have been told you don't qualify for a mortgage, it's likely because you’re being evaluated using traditional lending guidelines. At Opulence, we think differently - and we lend differently. We understand that business owners, freelancers, independent contractors, and entrepreneurs often don't fit into a traditional mortgage box. That's why we offer a full suite of Non-QM (Non-Qualified Mortgage) products designed specifically for self-employed borrowers like you.
This isn't a backup option. It's a smart, strategic path to homeownership that recognizes how modern income works.

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What Is a Non-QM Loan?

A Non-QM (Non-Qualified Mortgage) loan is a mortgage that doesn't meet the standard lending requirements set by agencies like Fannie Mae or Freddie Mac. Instead of using tax returns and W-2s, Non-QM loans look at alternative documentation such as bank statements, 1099s, or even profit & loss statements to qualify a borrower.

This flexibility allows us to help clients who have strong income, good credit, and healthy savings - but don't show it in a traditional format.

Who Are Non-QM Loans For?

At Opulence, we work with a wide range of self-employed borrowers across the US. Non-QM loans are ideal for:

• Small business owners
• 1099 contractors
• Gig economy workers
• Entrepreneurs
• Realtors, consultants, and creatives
• Anyone who doesn’t fit the traditional W-2 mold

Verify my home purchase mortgage eligibility

Opulence Offers More Than Just One Way to Qualify

We don't believe in one-size-fits-all. Our Non-QM product lineup includes several ways to qualify depending on your business setup and financial documentation:

1. Profit & Loss (P&L) Loan
   If you have a CPA-prepared P&L statement, we can use that instead of tax returns. This is perfect for seasoned entrepreneurs who reinvest into their business and don't show large taxable income.
2. 1099-Only Loans
   Are you a contractor or consultant who gets paid on a 1099? We've got a program that doesn't require full tax returns - just your 1099s from the last two years.
3. Bank Statement Loans
   Show consistent business or personal bank deposits over the last 12 - 24 months? That works too. We can calculate your income based on those deposits, even if your tax returns don't reflect your actual cash flow.
4. DSCR Loans for Investors
   Own rental properties under an LLC? We offer investor loans that qualify you based on the rental income of the property, not your personal income or job history.
5. ITIN Loans
   We can help borrowers who don’t have a Social Security Number but have an ITIN (Individual Taxpayer Identification Number). These programs are ideal for self-employed clients with alternative status documentation.

Why Self-Employed Borrowers Choose Opulence

We don't just offer Non-QM loans - we understand them, our sales team speaks your language, and we have the infrastructure to walk you through the process from start to finish. Our expertise means faster answers, cleaner submissions, and real transparency.

Here's what makes Opulence different:

• Deep Product Knowledge
  We've trained our team extensively on all Non-QM offerings - so when you come to us with questions, you're getting answers that come from experience, not a script.
• Efficient Pre-Approvals
  We know what underwriters are looking for, and we don't waste time. We'll help you identify the best path forward with your current documentation.
• Flexible Documentation
  No tax returns? No problem. We'll help match you to a loan that works with your situation, not against it.
• No Confusion, Just Clarity
  Our team explains everything upfront. No surprises, no jargon - just the facts, in plain terms.
• You Built Your Business. Now Let's Build Your Home.
  Being self-employed shouldn't mean being shut out of the mortgage process. You work hard for your success - and we're here to make sure that success translates into homeownership or investment opportunities.

Verify my home purchase mortgage eligibility

At Opulence, we're not just checking boxes - we're helping people write new chapters. If you’re self-employed and ready to buy, refinance, or invest, contact us today. Our team is ready to help you qualify on your terms, with smart, flexible loan options that fit the way you earn.