Non-Traditional Loans Houston TX — Financing for the Self-Employed & Non-W2 Borrower
Don't have traditional W-2 income? You're not alone — and you still have options. Non-traditional loans are designed for business owners, freelancers, contractors, and anyone whose income doesn't fit the standard documentation requirements. I help Houston borrowers find financing that actually fits their situation.
Self-employed or independent contractor? We have loan options designed for your situation. We speak your language — call me today.
Non-Traditional Loan Types
Find the option that fits your income documentation situation.
Bank Statement Loans
Who it's for: Self-employed borrowers, business owners, freelancers
How it works: Instead of tax returns, we use 12–24 months of personal or business bank statements to verify your income.
Key benefit: No tax returns required. Perfect if your write-offs make your taxable income look lower than your actual cash flow.
P&L Loans (Profit & Loss Statement)
Who it's for: Self-employed borrowers with a CPA-prepared P&L
How it works: A CPA-prepared profit and loss statement is used in place of traditional income documentation.
Key benefit: Streamlined qualification for business owners with clean financial records.
Asset-Based Loans
Who it's for: High-net-worth borrowers with significant liquid assets
How it works: Your qualifying assets (savings, investments, retirement accounts) are used to calculate income eligibility instead of employment income.
Key benefit: Ideal for retirees or borrowers with large asset portfolios and limited monthly income.
1099 Loans
Who it's for: Independent contractors and gig workers who receive 1099s
How it works: Your 1099 income is used to qualify instead of W-2s or tax returns.
Key benefit: Recognizes your real income without being penalized for business deductions on your tax return.
WVOE Loans (Written Verification of Employment)
Who it's for: Borrowers whose employer can verify income in writing but who may not have standard pay stubs or W-2s
How it works: A written verification from your employer or a CPA is used to confirm your income and employment status.
Key benefit: Flexible documentation option for non-traditional employment arrangements.
Frequently Asked Questions
Not sure which option is right for you?
Let's figure it out together. Daisy will walk you through your options based on your specific situation.
Se Habla Español • Free Consultation