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Our Bank Statement Loan program allows self-employed borrowers to seek a home loan without showing net income on taxes or pay stubs. Mortgage lenders typically look for a minimum credit score of 620.Mortgage lenders want to see that you have a track record of successfully running your business. Instead, self-employed applicants are expected to produce evidence of their last two years in tax returns. Read these frequently asked questions about Navy Federal mortgage loans. When applying for a mortgage, lenders will classify you as a wage earner employee or selfemployed. Here's what that means for selfemployed borrowers: Mortgage lenders are looking at your net profit, not your gross profit. "Every contract that you do counts as another job with the bank. "Work with an experienced loan officer who understands selfemployed business records and documentation," Buege says.