The conventional mortgage landscape can be challenging for self-employed individuals. Lenders often base eligibility on a consistent two-year income history, which can be a hurdle if you’re:

• A rapidly growing business owner who’s seen significant income increases recently.
• A seasoned professional who recently transitioned to self-employment but has a strong history in your field.
• Someone who strategically minimizes taxable income, making traditional verification difficult.

At First Option Mortgage Indiana, we believe your entrepreneurial spirit and current financial strength should be recognized. Our Indiana mortgage for self-employed 1 year tax return program is specifically designed to bridge this gap, offering a more flexible and accessible route to homeownership for deserving individuals like you.

We know you have options when it comes to mortgages. Here’s why First Option Mortgage Indiana stands out, especially for self-employed borrowers:

• 1-Year Tax Return Advantage: This is our core differentiator. While many lenders insist on two years of tax returns, we can often qualify self-employed borrowers with just one year’s worth of filed tax returns. This streamlines the application process and can significantly speed up your journey to a new home.
• Understanding Your Unique Income: We don’t just look at a number; we strive to understand your overall financial picture. Our experienced loan officers are adept at analyzing self-employment income, including business profits, 1099 income, and other relevant financial data, to help you qualify.
• Personalized Service, Locally Focused: As an Indiana mortgage lender, we’re deeply rooted in the communities we serve. You won’t be just another number to us. Our tight-knit team provides a single point of contact throughout the entire process, ensuring a smooth, transparent, and less stressful experience. We’re here to answer your questions and guide you every step of the way, from pre-qualification to closing.
• Flexible Solutions Beyond the Standard: While the 1-year tax return is a key benefit, we also explore a variety of loan products and programs to find the best fit for your individual needs. This might include conventional loans, FHA loans, or other options designed to accommodate diverse financial situations.

Getting an Indiana mortgage for self-employed individuals doesn’t have to be complicated, especially with First Option Mortgage Indiana by your side. Here’s a general idea of what to expect and how we make it easier:

1. Initial Conversation: We start by listening to your unique situation, understanding your income, and discussing your homeownership goals.
2. Documentation Gathering: We’ll guide you through the necessary documentation, focusing on your most recent tax return and other relevant financial statements. Our goal is to make this as straightforward as possible.
3. Pre-Qualification: Get pre-qualified quickly with no impact to your credit score, giving you a clear picture of what you can afford.
4. Loan Underwriting & Closing: Our efficient process, combined with our dedicated team, aims to get you to the closing table faster than many larger institutions.

Don’t let the typical two-year tax return requirement hold you back from owning a home in Indiana. First Option Mortgage Indiana is committed to helping self-employed individuals achieve their homeownership dreams with our flexible Indiana mortgage for self-employed 1 year tax return program.