Home loans
for the self-employed.

 Alternative methods for the analysis of self-employed income.

Realize Your Dream

Home loans for self-employed business owners are more obtainable than you think.

We often approve self-employed borrowers who:

  • Have significant write offs against revenue creating limited taxable income
  • Are self-employed and can’t easily locate income documents
  • Have had an unexpected life event that created a credit setback

Self-Employed borrowers may qualify with First Federal Bank’s many loan options.

You may be able to obtain financing if you are self-employed, struggle with income documentation,
or have been denied by other lenders.

Purchase, Cash Out, Rate/Term loan programs available

Primary, Second homes, and Investment property options

No prepayment penalty

Fixed rates as well as ARM products available

Minimal seasoning requirements for foreclosure, short sale, bankruptcy, or deed in lieu

Loans up to $3 million dollars

Credit scores down to 580

Up to 95% loan to value (LTV) with no monthly mortgage insurance (MI)

Alternative income doc loans available

Bank statement program
(bank deposits averaged to determine usable income)

Asset utilization loan program
(assets are converted to income for qualification purposes)

Historically, Self-Employed Borrowers were required to provide the following documents.

Sole Proprietorship

  • U.S. federal 1040 with all applicable schedules attached
  • Year-to-date balance sheet and profit and loss statement
  • (Possibly) business license and/or CPA statement

(General & Limited)

  • U.S. federal 1040 with all applicable schedules, including K-1
  • Form 1065 (U.S. partnership return of income) with all applicable schedules attached
  • Year-to-date profit and loss statement
  • Partnership agreement

S Corporation

  • U.S. federal 1040 with all applicable schedules, including K-1
  • Form 1120S (U.S. income tax return for an S Corporation) with all applicable schedules attached
  • Year-to-date profit and loss statement


  • U.S. federal 1040 with all applicable schedules attached
  • Form 1120 (U.S. corporate income tax return) with all applicable schedules attached
  • Year-to-date profit and loss statement

First Federal Bank's Platinum Non-QM program may be the solution for:

  • Self-employed buyers with “out of the box” scenarios
  • Alternative income verification for self-employed borrowers (i.e. bank statement or asset depletion income verification.)
  • Recovering from a past event(i.e. employment/income issues due to health or divorce, as well as foreclosure, short-sale, or bankruptcy)
  • Retired on limited/fixed income with significant down payment
  • Multiple income sources
  • Irregular bonus/commissioned pay structure
  • Investing in real estate (multiple properties)

If you had trouble qualifying for a home loan in the past due to stringent income requirements, we can help!

What our customers are saying.

John was absolutely terrific to work with and kept us informed every step of the way. We had a few issues that another lender was concerned about, but John handled it with ease and put our minds at rest during a difficult process. If you are looking to buy and want a lender who will stay in constant contact and keep you informed John is your guy! Jeffrey from Georgetown, KY
Katherine is amazing! I have tried several times to refinance my mortgage and it would never work... until I opened up to her! She’s made the process so easy and painless! She’s been the only one that has stuck with me and helped make it work! She’s very responsive and positive! I would absolutely recommend her! Amy from Griffin, GA
We had a very complex mortgage situation and Jill was there the entire time to walk us through the process. We had started out with another company but switched over to Jill because she made the process very manageable and brought us through it step by step. Also you just cannot beat their rates. Anthony from Wynnewood, PA
We never thought we would be able to get an approval for a mortgage and honestly we’re not really looking to purchase. After talk with Jess she was able to get us approved and we closed on our first home purchase in 30 days. Awesome experience and and equally awesome person!! Katie from Dacula, GA
John was extremely friendly, available, and knowledgeable. For being first time home buyers, he was able to help us in every way possible. He planned for things I wouldn’t have thought of, and always kept me updated via email and phone calls. I would recommend John any day! Michaela from Forest Hill, MD
Katherine and I had been working together for years. She continued to keep my file up to date until I found what I was looking for. Even when things got a bit challenging she knew exactly what to do and was able to get everything completed in record time. I would definitely use her again! Lincoln from Indian Trail, NC
Jill is so proficient at the entire mortgage process, she's able to do in weeks what other lenders take months to do. She's a miracle worker! She did our original mortgage and our refi and both went so smoothly! She always responds back quickly and finds the best fit for your needs. Really dedicated and really good at her job! Keith from Old Saybrook, CT

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Call: 1-877-455-4677

Cumming Office Address:
2450 Atlanta Hwy #1103
Cumming, GA 30040

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First Federal Bank is an FDIC Insured, Nationally Chartered, Mutual Bank
NMLS ID# 408902

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