Build your financial future faster
Being self-employed has many advantages; however, being self-employed can sometimes make obtaining a mortgage from the banks difficult to obtain. Working for yourself can mean fluctuating income each month. Traditional lenders know this, and in order to lend to self-employed individuals they want to see stability in income over a certain period of time. If you are self-employed you have likely encountered a challenge in obtaining financing from the bank at some point. You may also know that as you try to implement your tax strategies, they can oen include minimizing the taxes you pay by reducing your taxable income. This approach can have its advantages and disadvantages—potentially a lower tax bill, but a lower income that makes obtaining a loan more difficult.
Loans for those who love freedom and flexibility
Traditional loans require a steady proof of income and other financial documentation. Alpine Credits only requirement is that you own your home.
We can approve loans for self-employed homeowners in less than 24 hours.
Save time with our simple online application. It only takes 2 minutes to complete and requires no documents to upload.
Homeowners get approved in less than 24 hours
See how Alpine Credits compares
Financial institutions make it difficult to approve self-employed people for a loan, regardless of how successful they may be. See how a home equity loan from Alpine Credits compares to other borrowing options.
Lenders may require you to have a co-signer on your loan since they cannot confirm you have a steady stream of income.
Banks have stringent loan approval criteria. They are also less flexible about reasons for borrowing money.
Business credit cards
A business credit line allows you to borrow money when needed. However, you typically need years of business experience to qualify.
Own your home? You’re approved.
All you need to qualify for a loan is to own your home (or other real estate). Traditional banks look at factors such as your age, income, and credit history to approve you for a loan. At Alpine Credits, we focus on the amount of equity you have in your home or other real estate properties. We make the process as quick and easy as possible.
Frequently asked questions
The application process for a loan if you are self-employed usually involves providing your most recent tax return to the lender. This is done in order to verify that you are actually self-employed and have a steady income. Alpine Credits, however, has a quick and easy online form that you can fill out in just a few minutes. We don’t require any documentation like tax returns or pay stubs in order to get your loan if you are self-employed.
In order to qualify for a mortgage as a self-employed person, you will need to provide your lender with documentation that shows your income. This could be in the form of bank statements, pay stubs, or other proof of income. You will also need to provide your lender with information about your business, such as your business license or articles of incorporation. Again, with Alpine Credits, we only look at your home equity as criteria for approval.
The amount that you can borrow if you are self-employed will vary depending on the lender. However, most lenders will be willing to loan you a percentage of the value of your home. Alpine Credits is one of the few lenders that specialize in loans for self-employed people, and we work with you to get you the funding amounts you need.
There are a number of different loans that a self-employed person can get. The most common are mortgages and lines of credit. However, there are also a number of other options, such as short-term loans, personal loans, car loans, or even temporary needs loans for an emergency, all backed by your home equity.
It can be difficult to get a loan without proof of income. Most lenders want to see some form of documentation that shows your income. However, there are a few lenders that specialize in loans for self-employed people who don’t have any proof of income. Alpine Credits is one of those lenders. The Alpine Credits loan criteria are the same for self-employed individuals who work full-time for an organization and those that work full-time for themselves – we only consider your home equity to determine whether you qualify.
Bad credit can throw a wrench in the works of any loan application. If you are self-employed and need a loan, then many traditional lenders may not extend credit to you if you have a bad credit score. But even if you don’t have a good credit history, we may be able to help. Alpine Credits specializes in self-employed loans for people with bad credit. We make the process simple and easy, without any credit checks.