New York • Self-Employed
Self-Employed Mortgage Options in New York
If your tax returns don't tell the full story, we have a program that does. Seagate Funding offers bank statement, P&L, and DSCR mortgage options purpose-built for New York entrepreneurs, freelancers, and 1099 earners.
- 12 or 24-month bank statement programs
- P&L-only loans for established business owners
- DSCR loans qualified on rental cash flow
- Loan amounts to $5M+ across all 5 boroughs
- LLC and trust vesting accepted
- Close in as little as 21 days
Why traditional banks say no to self-employed New Yorkers
Standard underwriting penalizes the legitimate write-offs that lower your taxable income. A NY consultant grossing $400K can show $90K on a 1040 after deductions — and a retail bank reads that as $90K. Our non-QM programs use deposits, profit & loss statements, or property cash flow instead, so your real earning power qualifies you for a real loan amount.
Programs available across New York
We lend on primary homes, second homes, and investment properties throughout NYC, Long Island, Westchester, the Hudson Valley, and Upstate. Whether you're buying a brownstone in Brooklyn, refinancing a co-op in Manhattan, or scaling a rental portfolio in Queens, we have a program that fits.
Frequently Asked Questions
Do I need tax returns?+
No. Our bank statement, P&L, and DSCR programs all skip personal and business tax returns entirely.
How much can I borrow?+
Loan amounts range from $150K up to $5M+ depending on the property, location, and program.
How is income calculated on a bank statement loan?+
We average 12 or 24 months of business deposits, then apply an expense factor (typically 50%) to derive qualifying income.
Are co-ops eligible?+
Yes — we finance co-ops in NYC under select programs. Call us to confirm building approval.
How fast can you close?+
Most self-employed files close in 21–30 days, faster on clean refinances.
Talk to a real underwriter today.
Call anytime — no scripts, no gatekeepers.