Skip to content

Blog
Learn
Pre-Qualify
- Loan Options
Reviews
Calculator
Meet Our Team
Apply Online
Get A Quote

MENU

Blog

Home » Blog » Mortgage News » Self-Employed Borrowers and the Write-Off Trap

Self-Employed Borrowers and the Write-Off Trap

June 9, 2026
Robby Dearth
Mortgage News

A self-employed mortgage requires a clear look at both your tax returns and your actual cash flow.

Robby Dearth

Related Posts

Thanksgiving Budgeting: Preparing Your Finances and Mortgage for the Holiday Season

Introduction As Thanksgiving approaches, many homeowners find themselves balancing the joys of the season with…

Trick-or-Treat Your Way to Financial Health: Smart Mortgage Moves to Consider Before Halloween

Get Your Financial House in Order Before Halloween As the leaves change color and the…

Winterizing for Savings: Top Mortgage and Home Maintenance Tips Before the First Frost

Preparing Your Home for Winter: A Smart Financial Move As the days grow shorter and…

Step 1 of 20

5%

What are your goals?
We are committed to helping you reach them.
Purchase or Refinance
- I want to purchase
- I want to refinance

Where are you looking to buy? City or Zip Code
City or Zip Code*

What type of home is it?
- Single Family
- Townhouse
- Condominium
- Multi-Family

Where are you in the home buying process?
- Signed a purchase contract
- Found a home
- Looking to buy within one month
- Looking to buy in 1 to 3 months
- Looking to buy in more than 3 months

How do you plan to use your new home?
- Primary Residence
- Vacation Property
- Investment Property

Have you or your spouse served in the US military?
Veterans and active US military may be eligible for a $0 down VA loan when purchasing a home.
- Yes
- No

What is your (or your spouse's) branch of military service?
- Army
- Marine Corps
- Navy
- Air Force
- Coast Guard
- National Guard
- Military Spouse
- Other VA Eligibility
- No Military Experience

Are you actively working with a real estate agent?
- Yes
- No

Is this your first time purchasing a home?
- Yes
- No

What is the approximate purchase price of the new property?
(it's OK to estimate)
What is the estimated value of your property?
Use the slider to select the price range of homes you're interested in (it's OK to estimate)

How much do you have for a down payment?
(it's OK to estimate)
What is the balance of your first mortgage?
(It's OK to estimate)

What is the interest rate of your first mortgage?
(It's OK to estimate)

Do you have a second mortgage?
- Yes
- No

How much additional cash do you wish to borrow?
(It's OK to estimate or if no cash-out leave at $0)

What is your current employment status?
- Employed
- Self-Employed/1099 Independent Contractor
- Retired

What is your household gross (before taxes) annual income?
- Less than $30,000
- $30,000 - $50,000
- $50,000 - $75,000
- $75,000 - $100,000
- Greater than $100,000

What is your credit score?
- Excellent 740+
- Good 700-739
- Average 660-699
- Fair 600-659
- Poor < 600

Have you had a bankruptcy or foreclosure in the past 3 years?
- Yes
- No

What is your first name?*
What is your last name?*

What is your email address?*
What is your phone number?*
Consent*
I agree to the Communications Policy.
We may communicate with you in a variety of different ways including by email, voicemail, mail, text and SMS messaging, and in person. Some communications occur through multiple channels. Such communications are confidential and only intended for you or persons authorized to act on your behalf. By using the Service, you acknowledge the following communications-related practices. By submitting your phone number you are agreeing to opt-in to sms messaging. Message and data rates may apply.

Categories

Buying a Home (6)
Closing (3)
Credit (4)
FHA Loan (2)
First Time Home Buyer (40)
Guideline Alerts (8)
Home Improvement (6)
Home Maintenance (9)
Home Owner Tips (36)
Home Trends (16)
Insurance (1)
Investment Properties (1)
Learn (27)
Mortgage News (292)
Mortgage Refinance (1)
Mortgage Tips (25)
PMI (1)
Real Estate Tips (34)
Refinance (1)
Renovations (2)
Rent Vs Buy (6)
Second Homes (2)
USDA Loan (3)
VA Loans (3)

Submit A Review

Oops! We could not locate your form.

previous post: Keep Your Rate and Buy Up
next post: The Market Isn’t Waiting on a Cut. It’s Waiting on Wednesday.

What are your goals? Everyone is unique, request your personalized rates and fees.

About Us

Whether you’re looking to buy, build or refinance your home, our experienced mortgage professionals are here to help. Here at GTG Financial, Inc, we offer a variety of loan options that can help you achieve homeownership with the speed and service you deserve.

GTG Financial, Inc NMLS: #1595076.

Equal Housing Opportunity. https://www.nmlsconsumeraccess.org/

Equal Housing Opportunity

Contact Us

1919 Creekside Road
Santa Rosa, CA 95405
(707) 546-0440
Email Us Today

Connect With Us

Facebook
Instagram
Yelp
YouTube

Translation Options

Resources

Learning Center
Contact Us
Get A Quote
Reviews
Mortgage Calculator
NMLS Consumer Access
ADA Accessibility Statement
Real Estate Agent Recommendation
Second Look
Privacy Policy
Communications Policy

The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.

Powered By