Increase Your Referral Base Selling Homes To Self-Employed Buyers

May 24th, 2022


Selling more homes to self-employed homebuyers can help you build your referral base. We know how vital referrals are to continue to yield motivated buyers year-round. This is exactly why you should prospect for and help self-employed borrowers get to the closing table with our Bank Statement product.


Here is why, how you can find them and help them:


  • The population is large and growing – 59 million workers in the U.S. are self-employed according to Upwork.
  • Many cannot qualify using tax returns due to deductions they take on returns.
  • They have good to excellent credit and large down payments – they just can’t qualify for a traditional loan due to income stated on tax returns.
  • 1099 earners need a loan that accepts 1099 statements instead of W-2s.


  • Bank Statement loans! And Angel Oak Home Loans!
  • Bank Statement loans do not require tax returns and this is why it’s one of our most utilized loan products.
  • Self-employed borrowers can use 12 or 24 months personal or business bank statements.
  • Sell to those only two years out of foreclosure, short sale, bankruptcy or deed-in-lieu. We close these borrowers when other lenders cannot using a Bank Statement loan.
  • Save their deal and reap the benefits of referrals through their network of other self-employed connections.
  • Talk to tax preparers, CPAs, and financial planners and let them know you specialize in selling homes to self-employed buyers.