Unlock Financial Flexibility with SmartSelf

Are you self-employed or an independent contractor looking to secure a mortgage? The SmartSelf program is tailored just for you. This innovative loan solution is designed to meet the unique financial needs of self-employed individuals, providing flexibility and convenience. Here’s an in-depth look at what SmartSelf offers and how it can help you achieve your homeownership dreams.

What is SmartSelf?

SmartSelf is part of the Smart Series, a collection of mortgage products designed to offer flexible financing options. Unlike traditional mortgages that rely heavily on W-2 income documentation, SmartSelf allows borrowers to qualify based on bank statements or 1099 forms. This approach acknowledges the diverse income streams typical for self-employed borrowers, making it easier to prove your financial stability.

Key Features of SmartSelf

1. Income Documentation Options:

   • Bank Statements: Use 12 or 24 months of personal or business bank statements to qualify.

   • 1099 Forms: Utilize your 1099 forms to demonstrate income, offering a straightforward alternative to traditional documentation.

2. Flexible Loan Terms:

   • Choose from various fixed-rate and adjustable-rate mortgage options.

   • Interest-only payment options are available, providing even more flexibility in managing your cash flow.

3. Higher Loan Limits:

   • Borrow up to $3 million, making it possible to purchase or refinance high-value properties.

4. Competitive Rates:

   • Enjoy competitive interest rates designed to make homeownership affordable and accessible.

Eligibility Criteria

To qualify for a SmartSelf loan, you’ll need to meet the following criteria:

• Credit Score: Minimum credit score requirements vary, typically starting at 680.

• Income Verification: Provide 12 or 24 months of bank statements or 1099 forms.

• Employment History: Demonstrate at least two years of self-employment in the same industry.

• Reserves: Maintain adequate cash reserves as required by the loan amount and terms.

Benefits of SmartSelf

• Simplified Documentation: Avoid the hassle of gathering extensive traditional income documentation.

• Tailored for Self-Employed: Specifically designed to accommodate the unique income patterns of self-employed individuals.

• Fast and Efficient: Streamlined underwriting process ensures quick approvals and smooth transactions.

Why Choose SmartSelf?

SmartSelf stands out as a versatile and accommodating mortgage solution for self-employed borrowers. By leveraging alternative income documentation, it breaks down the barriers that often prevent self-employed individuals from securing a mortgage. With SmartSelf, you gain the financial flexibility you need to buy your dream home or refinance your existing mortgage.

Get Started Today!

Ready to explore your mortgage options with SmartSelf? Contact our experienced loan officers to guide you through the application process and answer any questions you may have. Reach out to us at: