$600,000$30,000$110k$4,400

$800,000$40,000$145k$5,800

$1,000,000$50,000$180k$7,200

$1,250,000$62,500$230k$9,200

$1,500,000$75,000$275k$11,000

*Based on a 30-year fixed at the rates published on Today’s Rates, with the loan program selected automatically from the loan amount. Tap any monthly payment for the full breakdown. Self-employed, bank statement, and DSCR borrowers may qualify differently.

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Income Needed The income it takes to buy at each price. Income Cheat Sheet → How Much Can I Afford? Work backwards from your income. Affordability Calculator → Payment Estimate the monthly number. Payment Calculator → Today’s Rates Updated through the day. Rates → Closing Costs What you’ll need at the table. Loan Estimate →

Young couple standing together in front of a single-family home while house-hunting in a Los Angeles neighborhood

Buy my first home

Self-employed woman focused on her laptop at a desk in a bright, casual home workspace

I’m self-employed

Front exterior of a modest two-unit duplex with two front doors and steps in a residential neighborhood

Buy an investment property

Homeowner using a power saw during an indoor home renovation project

Refinance / Cash Out

Established homeowner relaxing in an outdoor chair on a sunny backyard patio surrounded by greenery

Use my equity / HELOC

Family with young children sitting together on the front steps of the established single-family home they already own

Not my first home

Self-Employed Lending

Self-employed? Start here.

Your tax returns don’t always tell the whole story.

Bank StatementQualify on deposits, not tax returns. P&LA CPA-prepared profit & loss statement. 1099Built for contract and gig income. DSCRInvestment property, qualified on rent.

See all self-employed options → Get My Free Income Analysis

$1.35M Purchase

Self-employed buyer

12-Month Bank Statement Loan

Qualified without tax returns.

12-Month Bank Statement Loan

Self-employed buyer qualified without tax returns

Purchase Price$1,350,000

Loan Amount$1,215,000

Down Payment10%

Challenge

Large business deductions reduced taxable income.

Solution

Qualified using business bank statements instead of tax returns.

Result

Purchased a primary residence using documented cash flow.

Bank statement loans →

$925K Purchase

Investor

DSCR Investment Property Loan

Qualified on rental income alone.

DSCR Investment Property

Investor qualified on rental income alone

Purchase Price$925,000

Loan Amount$693,750

Down Payment25%

Challenge

Traditional DTI calculations limited purchasing power.

Solution

Qualified using the property's rental income instead of personal income.

Result

Expanded an investment portfolio without relying on personal tax returns.

DSCR loans →

$780K Purchase

HOA didn’t meet agency requirements

Non-Warrantable Condo Financing

Closed after other lenders declined.

Non-Warrantable Condo

Financed a condo other lenders declined

Purchase Price$780,000

Loan Amount$624,000

Down Payment20%

Challenge

The HOA did not meet agency requirements due to investor concentration, reserve funding concerns, and insurance limitations. Non-warrantable condos may also result from pending litigation, excess commercial space, budget deficiencies, or insurance issues.

Solution

Placed the financing with a lender specializing in non-warrantable condominium projects.

Result

Successfully closed despite HOA issues that prevented many traditional lenders from financing the project.

Condo financing help →

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Meet Derek

Mortgage advice built around the deal.

Los Angeles-based mortgage broker specializing in straightforward and complex financing.

Conventional, jumbo, self-employed, bank statement, investment property and Non-QM loans.

Every scenario gets looked at personally — not pushed through a one-size-fits-all process.

Derek Vail NMLS #1233953
7 Mortgage, LLC

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Los Angeles Based Mortgage Broker Los Angeles based mortgage broker specializing in self-employed and bank statement loans, jumbo and luxury home financing, investment property loans, and Non-QM lending.

Income needed to purchase a home.

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Self-employed? Start here.

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Self-employed buyer qualified without tax returns

Investor qualified on rental income alone

Financed a condo other lenders declined

Mortgage advice built around the deal.

Text Derek your scenario.