Your Home, Your Way: Tailored Mortgage Solutions for the Self Employed

As a self-employed professional, you've got enough challenges. Getting a mortgage shouldn't be one.

Whether you're buying a home, refinancing, or considering a cash-out, our expert mortgage advisors streamline the process to align with your unique financial situation.

  • Custom Mortgage Products Tailored to Your Income
  • Minimal Documentation & Quick Approvals
  • Best Lending Rates & Flexible Credit Requirements
Get Pre Approved

Texas' Trusted Mortgage Lenders Since 1996

$7B+

Loans Funded

 25+

Years of Experience

10K+

Happy Families & Homeowners

25

Top Mortgage Lenders in Texas for 25 years

Loan Products for Self Employed Borrowers

Whether your goal is to purchase a new home, refinance your existing one, or access your home's equity, we're here to provide our expert guidance and support.

We approve loans for:

  • 1099 Income
  • 1099 Contractors
  • Trust Income
  • Stated Income
  • Self Employed less than 2 years
  • Gig Workers & Freelancers
  • Business Owners & Entrepreneurs

Get Pre Approved

Reduce Your Monthly Payments

Interested in lowering your monthly payments? Let's explore how refinancing at a lower interest rate can benefit you.


Flexible Loan Terms

As your needs evolve, so should your mortgage. We offer a variety of refinancing options to better align with your current circumstances.


Streamlined Process

Our goal is to make your refinancing experience straightforward and stress-free, with all the support you need along the way.

Tailored for Self-Employed Individuals

We understand that traditional W-2 forms may not work for you. 

That's why our loan products are specifically designed for the unique income structures of freelancers, gig workers, entrepreneurs and other unconventional earners.


Expert Guidance Throughout the Process

Buying a home should be exciting, not overwhelming. Our team is dedicated to providing clear, step-by-step assistance tailored for self-employed home buyers.


Leverage Your Home Equity

Whether it's for consolidating debt or funding a major project, your home's equity can be a valuable resource.


Competitive Refinancing Rates

We offer attractive rates for cash-out refinancing, ensuring a financially beneficial decision.


Custom Equity Solutions

Let's discuss the most effective strategies for tapping into your home's equity, with your financial goals as our top priority.



Hear from Our Happy Homeowners

Average Rating: 5 Stars? Sounds too good to be true, right? But excellence is just our standard. It's the only way we know how to work.

EmbedSocialEmbed Google reviews

Ready to Make an Offer? Let's Get You Pre-Approved First!

A pre approval not only gives you the confidence to bid but also puts you in a great spot as a buyer. Get pre-approved with us today and let’s turn that 'maybe' into a 'definitely'

Mortgage Calculator: Calculate Your Monthly Mortgage Payments

Being your own boss means smart financial planning. That's where our mortgage calculator comes in. Get a clear view of your future expenses and plan your finances like a pro with our easy-to-use mortgage calculator!

Estimate your Loan payment:

    5. 2.957% APR Estimated rate, yours may differ.
    7. Purchase Loan
    8. Property taxes are generally estimated to be 1.8% of the home's value, but may vary based on your location. Your Loan Officer can help you determine property tax rates in your area.
    9. Annual homeowners insurance is typically 0.35% of the home's value but can vary based on insurer.

Your Estimated
Monthly Payment:
 $845

  • Principal & Interest $592
  • Taxes $150
  • Insurance $44
  • PMI $59

Loan Totals:

  • Purchase Price $150,000
  • Down Payment $7,500
  • Total Loan Amount $142,500

Estimated Taxes & Insurance: Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home's value but can change based on insurer. Your loan specialist can help you determine property tax and insurance rates in your area.

PMI The PMI (Private Mortgage Insurance) is a mortgage lenders' protection in the event of a default. PMI is paid monthly as part of your mortgage payment to the lender. Once a borrower has paid the equivalent of the 20% down payment, PMI can be removed from the monthly mortgage payment.

Estimated Monthly Payment:
$845
See Payment Breakdown

Your Blueprint to Financial Success: Mortgages that Adapt to Your Lifestyle

With Austin Capital Mortgage, you're not just getting a loan - you're getting a financial partner who understands your unique needs and is invested in your long term financial success.

Redefining Mortgage Industry Standards

Austin Capital Mortgage has been ranked as one of the Top Mortgage Lenders in Texas, every year since 1996 by the Austin Business Journal.

5 Stars: The Only Way We Know How to Serve

We have an Average User Rating of 5 Stars across Google, Yelp, Zillow, and Facebook, and we've been operating since 1996, so you do the math.

Tailored for Flexible Income

Our 1099 home loans are specifically designed to accommodate your variable income. We accept a range of income proofs, from bank statements to tax returns.

 

Maximizing Tax Benefits

Our 1099 home loans help you leverage your potential tax benefits, enhancing your overall financial standing and making homeownership more attainable.

Loan Options for the Self-Employed

Standard Loans

Ideal for those with strong credit and traditional income documentation.

Bank Statement Loans

Perfect for those who may not have traditional tax returns to prove income.

Asset-Based Loans

Utilize your liquid assets as proof of income.

Non-QM Loans

For unique income situations that don’t fit traditional lending criteria, such as 1099.

Our Streamlined Loan Approval Process

At Austin Capital Mortgage, we've streamlined our approach to make your journey to homeownership, refinancing, or accessing equity as smooth and stress-free as possible. 

Understanding Your Needs

It all starts with a conversation. We sit down with you (virtually or in-person) to understand your specific needs, financial goals, and unique situation as a self-employed individual.

Expert Guidance

Our experts provide insights into various loan options and processes, ensuring you have all the necessary information to make informed decisions.

Choosing the Right Loan

 Based on your needs and financial situation, we help you select the most suitable loan option.

Application Process

We guide you through the application process, assisting with paperwork and necessary documentation, tailored to the nuances of 1099 income earners.

Detailed Verification

Our team meticulously processes your application, verifying all the details and documentation.

Regular Updates

You'll receive regular updates on the status of your loan application, ensuring transparency and clarity throughout the process.

Thorough Review

In this stage, our underwriters review your application in detail, assessing risk and ensuring all criteria are met.

Transparent Communication

We maintain open lines of communication, addressing any queries from the underwriting team and coordinating any additional information they may require.

Loan Approval

Once your loan is approved, we'll discuss the final terms and prepare for closing.

Closing Process

We'll schedule and facilitate the closing process, ensuring a smooth and hassle-free finalization of your loan.

Continued Assistance

Even after closing, our team is here to provide ongoing support and answer any questions you might have.

Future Financial Planning

We’re committed to building long-term relationships and are available to assist with any future financial needs or mortgage-related questions.

25 Years of Excellence: Meet Our Team

 From our experienced loan advisors to our super-supportive staff, we've got a crew that really gets the ins and outs of self-employment mortgage needs. Get to know the faces behind our exceptional service.

Charlie Cooper

President | NMLS #326203

Jeff Wilkinson

Director of Operations

Kari Cooper

Business Development

Frequently Asked Questions

We are here to clear up any confusion and guide you on your path to homeownership or refinancing. Here are some of the most common questions we get, with a quick way to connect with our mortgage advisors for more detailed answers.

  • What documentation do I need as a self-employed individual to apply for a mortgage?

    Self-employed home buyers generally need to present tax returns (usually two years), including Schedule C for sole proprietors, profit and loss statements, bank statements, and 1099 forms.


    However, everyone's story is unique, and so are the documents you might need. 


    Talk to a Mortgage Advisor to get a clear list tailored to your situation.

  • How do lenders calculate my income for a mortgage application when I'm self-employed?

    Lenders typically look at your net income plus depreciation and other non-cash expenses to determine your qualifying income. 


    They usually average this over the last two years. 


    If your income has increased recently, you might be able to use a more recent year's income.


    Let's discuss how your unique income can work towards securing your mortgage.

  • I haven't been self-employed for long. Can I still qualify for a mortgage?

    Short self-employment history doesn't automatically disqualify you.


    With an employment history of less than 2 years, you will need a minimum of 10% deposit 


    With a 10% deposit however, you should expect to pay high interest rates and fees - much higher than standard rates. 


    But if you want to get your home now, then we can get you approved at 10% and refinance to a lower rate in another 12 months if you're situation continues to improve.


    Reach out to us to discuss how we can work with your unique financial history.

  • How does my credit score affect my mortgage application?

    A good credit score can significantly impact your loan terms and interest rates. 


    Lenders typically look for a score of 620 or higher for conventional loans, but higher scores can get you better rates.


    Have less than perfect credit score? Don't worry! Our mortgage experts will help you improve your credit score before applying. Talk to an expert now.

  • Is it possible to refinance my mortgage as a self-employed individual?

    Absolutely! Refinancing options are available for self-employed individuals. 


    The process and documentation required are similar to those for a new mortgage, and we can assist you in exploring these options. Speak to an Advisor.

  • What types of mortgage products are available for self-employed individuals?

    We offer a variety of mortgage products suitable for self-employed individuals, including conventional loans, jumbo loans, and government-backed loans like FHA and VA loans.


    Each has different requirements and benefits. Let's discuss the best loan options for you.

  • What should I know about tax deductions as a self-employed individual applying for a mortgage?

    While tax deductions can lower your taxable income, they can also reduce the income considered for your mortgage application. 


    It's important to find the right balance. Let's discuss the best mortgage strategy for you.

  • How can I improve my chances of getting approved for a mortgage?

    Improving your credit score, reducing debts, and increasing your down payment can all help. Keeping your financial documents organized and up-to-date is also crucial. 


    We can provide personalized tips based on your financial situation. Speak to an Advisor.

  • Are there any special considerations for self-employed individuals with fluctuating income?

    Yes, lenders will look at the stability and consistency of your income. 


    Let's discuss strategies to present your income in the best light, such as averaging income over a period or highlighting upward trends in earnings.

  • Can I use business funds for my mortgage down payment?

    It's possible to use business funds for your down payment, but this requires proper documentation to ensure the funds are not borrowed and to verify the impact on your business. 


    We can guide you through this process. Speak to an Advisor.

Austin Capital Mortgage Gives Back

Giving back is at the heart of what we do. From supporting local charities to engaging in community service, our team dedicates time and resources to causes that matter. 

Have questions? Feel free to reach out!

Contact Us