Todd Uzzell
NMLS #1525192 | Loan Officer
I specialize in self-employed and business owner financing. Tax returns, add-backs, business licenses—I understand your situation and work the numbers in your favor.
Contractors, business owners, freelancers. We count your real income.
NMLS #1525192 | Loan Officer
I specialize in self-employed and business owner financing. Tax returns, add-backs, business licenses—I understand your situation and work the numbers in your favor.
Depreciation, home office, meals, travel, equipment—add-backs increase your qualifying income legally.
We average 2 years of tax returns to account for business cycles and show true earning power.
Tax returns, business licenses, P&Ls, bank statements—we work with what you have to prove income.
Depreciation
Equipment, vehicles, property depreciation
✓ Added
Home Office Deduction
Portion of rent/mortgage + utilities
✓ Added
Meals & Entertainment
Business meal expenses (partial)
✓ Added
Travel & Vehicle
Business mileage, travel, vehicle expenses
✓ Added
Equipment & Supplies
Tools, technology, office supplies
✓ Added
Professional Fees
Accounting, legal, consulting costs
✓ Added
Business Insurance
Liability, health, disability premiums
✓ Added
Gross Revenue (2-yr avg): $200,000
Net Income (after expenses): $120,000
Add-Backs (depreciation, vehicle, home office, insurance): $65,000
Qualifying Income: $185,000
Home Purchase:
$450,000 home, 15% down = $382,500 loan
Monthly Payment:
$2,420/month
*Approved based on $185K qualifying income, not just $120K net*
Gross Revenue (2-yr avg): $350,000
Net Income (after expenses): $180,000
Add-Backs (depreciation, travel, home office, equipment, insurance): $95,000
Qualifying Income: $275,000
Home Purchase:
$600,000 home, 20% down = $480,000 loan
Monthly Payment:
$3,140/month
*Higher qualifying income enables larger home purchase*
Must show consistent income or growth. Startup with only 1 year of returns may face higher rates or require additional documentation.
Show income deposits, expense patterns, business stability. Gaps or inconsistencies will be questioned.
Year-to-date or prepared by accountant. Must reconcile with tax returns. CPA-prepared is strongest.
Proof of legitimate business operation. Arizona business license (if applicable) + Federal EIN or SSN Schedule C.
Minimum 620 FICO. Self-employed applicants may face stricter scrutiny of credit history due to business risk.
We can add back legitimate business expenses, but we cannot artificially inflate income. Honest tax returns + documented add-backs is your best path. Inflating P&Ls or returns causes fraud flags.
If income dropped 20%+ year-to-year, lenders get nervous. If you show growth or flat trend, that's fine. Declining income triggers manual underwriting and may require explanation and reserves.
Wild variance in monthly deposits (one month $30K, next month $2K) raises questions about stability. Consistent deposits over 24 months show lenders you have sustainable income.
Difficult but possible. Most lenders require 2 years. New business may need higher down payment, larger reserves, or personal guarantee. We evaluate case-by-case.
Income from all businesses is combined. We'll average 2 years of each business's tax returns to show total qualifying income. Diversified income can strengthen application.
Strongly preferred. CPA-prepared P&Ls carry more weight than business owner estimates. If you don't have one, we can work with your tax returns + bank statements, but approval odds improve with CPA involvement.
Yes. 1099 income is self-employed income. We use 2 years of tax returns to verify ongoing contracts and income stability. Consistent client base = stronger application.
S-Corps, LLCs, partnerships all qualify. We use Schedule C, K-1, corporate tax returns depending on entity type. Process is similar to sole proprietors—2 years of returns + bank statements.
Self-employed mortgage built for your income. Fast approval, fair rates, real solutions.