Do Your Tax Returns
Tell Your Whole Story?
If you're self-employed, traditional lenders are counting the wrong number. Novex qualifies you on the income you actually earn. Our bank statement, CPA, and 1099 loan programs were make specifically for you, the entrepreneur, the business owner, independent contractor, sales rep. Whatever you are, you're the self-employed borrower who deserves to live in the the home they've worked hard to earn.
No W2 forms. No tax returns. Loans to $2 million.
Borrowers Who Qualifiy for
These Loan Programs
BUSINESS OWNERS
Business owners with strong deposit history and complex tax returns can qualify using real cash flow without needing W-2s or traditional income documentation.
INDEPENDENT CONTRACTORS
Independent contractors earning 1099 income through project-based work can qualify for a mortgage using their actual earnings without submitting traditional tax returns.
FREELANCERS AND GIG WORKERS
Freelancers and gig workers with variable income from multiple sources can qualify for a mortgage based on their real earnings without traditional documentation requirements.
100% COMMISSION BASED INCOME
Commission-based earners with high write-offs can qualify using their real cash flow rather than taxable income reduced by deductions and business expenses.
Three Paths to Qualification
Zero Tax Returns Required
If you're self-employed, a contractor, or a business owner, traditional lenders are counting the wrong number. Novex qualifies you on the income you actually earn — through business bank statements, personal bank statements, or 1099s. Our loan programs built specifically for you, the self-employed homebuyer.
PROGRAM 01 / BANK STATEMENT PROGRAM
â–¸Business or personal bank statements accepted — your choice
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â–¸50% standard expense factor; minimum 10% with accountant letter
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â–¸No tradeline requirement with 3 credit scores on file
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â–¸Non-permanent residents eligible up to 90% LTV
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â–¸SFR, condotels, condos, studios, 2–4 unit properties
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â–¸Loan amounts to $4M
PROGRAM 02 / 1099 LOAN PROGRAM
â–¸Business or personal bank statements accepted — your choice
​​
â–¸50% standard expense factor; minimum 10% with accountant letter
​
â–¸No tradeline requirement with 3 credit scores on file
​
â–¸Non-permanent residents eligible up to 90% LTV
​
â–¸SFR, condotels, condos, studios, 2–4 unit properties
​
â–¸Loan amounts to $4M
PROGRAM 03 / CPA LOAN PROGRAM
â–¸Business or personal bank statements accepted — your choice
​​
â–¸50% standard expense factor; minimum 10% with accountant letter
​
â–¸No tradeline requirement with 3 credit scores on file
​
â–¸Non-permanent residents eligible up to 90% LTV
​
â–¸SFR, condotels, condos, studios, 2–4 unit properties
​
â–¸Loan amounts to $4M
Client Testimonials
What Others Have Said
Marco T.
Business Owner, Wilmington, NC
"I was told by two lenders that I needed to show more income on my returns before I could qualify. My CPA almost fell out of his chair. He said doing that would cost me tens of thousands in taxes just to satisfy a lender. The bank statement program solved the whole problem. My deposits qualified me without touching my tax strategy."
Denise R.
Sales Rep, Atlanta, GA
"I'm a commission-only sales rep. My worst tax year is still better than most people's best but that's the year the bank pulled to run my numbers. One bad month in the past 2 years and suddenly I'm a risk? The bank statement program looked at the last two years of real deposits and the picture was completely different."
Marquetta J.
Real Estate Agent, Savannah, GA
"I've been a real estate agent for 9 years. I make a great income. Of course closings occur when the transaction is competed and is out of my control. The bank considered it inconsistent income. Novex Home Loans averaged it out over 24 months and I qualified for more than I expected. It's time for me to help myself but my dream home, like I help my clients"
Kevin M.
Small Business Owner, Moncks Corner, SC
"I own two food trucks and deposit anywhere from $18,000 to $24,000 a month. Two other banks said no. My own credit union where I've banked for 14 years even said no. All because of my Schedule C. Found this program, submitted 24 months of statements, and I finally was able to buy my first home."
Adriana & Jose L.
Self-Employed Couple, Asheville, NC
"My husband and I both work for ourselves, him in construction and me in event planning. Our combined deposits were strong but our returns made us look like we were struggling. We were pre-approved through a conventional lender twice and both times the underwriter kicked us because of our income on our tax returns. We're so happy we found this program. It changed our lives."
Tyler B.
Freelancer, Spartanburg, SC
"My accountant does his job too well. After deductions, my taxable income looks like I'm barely getting by but my business account tells a completely different story. Three different lenders turned me down based on my returns. The bank statement program was the first time someone actually looked at what I earn."
David C.
Landscaping Company, Athens, GA
"I'd been running my landscaping company for 11 years. Solid business, money in the bank, crews working year-round. My bank told me my tax returns showed too little income to qualify because of write-offs, obviously. Novex looked at 24 months of deposits and we closed in 30 days. Couldn't believe how simple it was."