1-Year Tax Return Florida Mortgage Lenders

Are You Self-Employed or a Business Owner and looking for a 1-year trax return Florida Mortgage Lender?  Our  1-Year Tax Return mortgage for Self-Employed Florida Business Owners as well as those whose employment histories and tax returns may not reflect their qualifying income for the most recent 2 years.

1-Year Tax Return Self-Employed Florida Mortage

• Must be a business owner/self-employed for a minimum of 5 years with documentation
• Credit scores down to 620
• Last 6 months Bank Statements
• Year to Date P & L 
• [ Minimum 20% down payment ] Up to 80% Loan to Value 
• Primary, Secondary, and Investment properties eligible
• SFRs, townhomes, condos, 2-4 units
• 30-year fixed
• 5 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu

No Tax Return Florida Mortgage Alternatives Include: 

 We provide a variety of specialty Alternative Florida mortgage programs including:

• No Income: No Doc, Stated Florida No Income verification Mortgage Lender
• NO tax return: Non-QM and Private Lenders offer alternative documentation.
• 1099 Only: Use 1099 Income up to 100% of income with no verified business expenses.
• VOE: Allow your VOE to disregard your tax return write-offs. 
• Bank Statement: Use 12 or 24 average bank deposits for mortgage income. 
• Asset-Based: Assets in your account to qualify.
• Self-Employed Mortgage: – If you write off too much of your income.
• P&L Only:: Use Your licensed Tax preparer Profit and Loss to qualify.
• NO Income:: Use the subject property’s income for your next investment. 
• Foreign National: Nonresidents can invest purchase or cash out. 
• Commercial: Options for Florida office buildings, shopping centers, and warehouses.
• Reverse Mortgage Condo: 55+ Florida Condo mortgages with no monthly payments. 
• Bad Credit Florida: Bad Credit is based on payment history and not credit score.
• Non-Warrantable Florida Condos and Condotel Mortgage Options 

Florida mortgage lender’s 1-year tax return automated underwriting will issue a message permitting only one year of personal federal tax returns if the loan application indicates the borrower is

1. Self-employed with an ownership share of 25% or more,
2. The Start Date for all self-employed businesses is at least (5) five years prior to loan submission.

If any of the borrower’s self-employed businesses have a Start Date of less than five years, conventional mortgage lenders will require two years of personal tax returns. DU will issue a separate message listing the requirements for business tax returns for all self-employed businesses, specifying that one- or two years of tax returns are required based on the number of years the business has been in existence.