Purchase Without Tax Return Loan

Flexible mortgage solutions for self-employed borrowers and non-traditional income earners

At SmartKey Lending, we understand that not every borrower fits into a traditional financial profile. That’s why we offer specialized mortgage programs for clients who may not have conventional tax return documentation. These loan options are ideal for self-employed professionals, business owners, real estate investors, and individuals with complex income structures.

Loan Programs We Offer

1. Bank Statement Loans

Instead of relying on tax returns or W-2s, these loans evaluate 12–24 months of your personal or business bank statements to determine income. We focus on your actual cash flow, making it easier for entrepreneurs and freelancers to qualify.

2. Stated Income / Low-Documentation Loans

For borrowers who can verify income through alternative means (such as CPA letters or business statements), these loans require minimal paperwork and offer more flexibility—though they may come with slightly higher interest rates due to risk factors.

3. No-Income Verification Loans (NIV)

These programs are ideal for investors who rely on property-generated income rather than personal income. Approval is typically based on the property’s ability to cover mortgage payments through rental income or other means.

4. Hard Money Loans

Short-term financing options based primarily on the property’s value rather than the borrower’s credit or income. Perfect for real estate investors or property flippers who need fast capital. These loans close quickly but generally carry higher interest rates.

5. Asset-Based Lending

Loans backed by the strength of your financial assets, such as property, business equity, or investment portfolios. Ideal for borrowers with high net worth but irregular income.

What to Expect

• Higher Interest Rates: These loan types often carry higher rates due to reduced documentation and higher risk.

• Larger Down Payments: Borrowers may need to contribute a larger down payment compared to traditional mortgages.

• Credit & Asset Strength: A strong credit profile and sufficient liquid reserves help increase approval chances.

• Exit Strategy is Key: Especially for short-term financing like hard money loans, a clear plan for repayment (e.g., refinancing or sale) is essential.

Is This Loan Right for You?

If you’re self-employed, newly in business, investing in rental properties, or have substantial assets but limited documented income, a no-tax-return mortgage might be the ideal solution. Our team will work with you to evaluate your situation and tailor a financing option that aligns with your goals.