The complete document checklist
For sole proprietors and incorporated owners.
For self-employed borrowers
Self-employed? Your tax return could be shrinking your mortgage approval.
Prepare the documents lenders review, understand how business income is assessed and avoid five common approval mistakes. Includes information about insured self-employed programs and a planning timeline.
Prepared for business owners
The Self-Employed Mortgage Approval Checklist
- Documents
- Income and eligible adjustments
- Common mistakes
- 10% down option
- Timeline
Elena Bogomaz
CPA | Mortgage Professional
Mortgage advice that starts with the full financial picture, not the advertised rate.
What you will learn
Five practical pieces that help turn tax documents and business income into a clearer mortgage strategy.
How lenders read business income
Including which eligible expense adjustments, often called add-backs, may count.
Five approval mistakes
Choices that can shrink or stop an application.
The 10% down option
Insured options for eligible borrowers, including insurer and lender requirements.
Start planning now
Understand whether you have options today and what preparation could help your next application.
Why this checklist is different
Written by Elena Bogomaz, CPA | Mortgage Professional. She reads the tax documents banks skim over and looks at income, corporate structure, cash flow and qualification together.
Some of her clients were approved for $200,000 to $300,000 more after their bank had approved them for less. Past results are not a guarantee, but they show why the right analysis matters.
Meet ElenaYour mortgage decision affects more than your rate.
Review qualification, cash flow, taxes, penalties and future plans before choosing a structure.