Specialty

Best No Tax Return Mortgages Lenders for Self-Employed Borrowers (2026)

No-tax-return mortgages bundle the documentation paths that skip tax returns entirely — bank statement, 1099, P&L, asset-depletion, and limited stated-income-style programs. This overview helps self-employed borrowers find the right no-tax-return route and avoid outdated "no-doc" myths.

Typical Rates

7.5%–10.0% (approx.)

Max LTV

Up to 90% (program-dependent)

Typical Terms

30-year fixed or ARM

Min Credit

620–680

What Are No Tax Return Mortgages?

The phrase "no tax return mortgage" covers a family of programs, not a single loan. In practice it means the lender verifies your ability to repay with something other than tax returns — bank deposits, 1099s, a CPA-prepared P&L, or your assets. The truly document-free "stated income" loans of the past are largely gone; today’s no-tax-return loans are fully underwritten, just with an alternative yardstick. This page sorts the real options from the myths.

Who Are No Tax Return Mortgages Best For?

  • Self-employed borrowers with heavy write-offs
  • Business owners who file extensions or have complex returns
  • Borrowers who simply prefer not to disclose tax returns
  • High-asset borrowers with modest reported income

Pros & Cons

Pros

  • +Multiple paths to qualify without any tax returns
  • +Programs for purchase and refinance on your own home
  • +Modern versions still verify ability to repay responsibly
  • +Can pair income and asset methods to qualify

Cons

  • True "no-doc" stated-income loans are rare and tightly limited
  • Pricing is higher than tax-return-based loans
  • Larger down payments and reserves are common
  • Quality lenders still verify deposits, assets, or a P&L

Best No Tax Return Lenders (12)

These lenders offer no tax return mortgages, ranked by our editor rating. Click any lender for a full review with detailed terms and expert analysis.

LenderRatesMax LTVMin CreditSpeedBest ForRating
Griffin Funding7.25%–9.75%90%62021–35 daysSelf-employed borrowers, Apply direct (no broker)4.5
Angel Oak Mortgage Solutions7%–9.75%90%62025–40 daysBroadest non-QM menu, Via broker only4.5
New American Funding7%–9.5%90%62021–40 daysApply direct (no broker), Full product menu4.0
Newfi Lending7.25%–9.75%90%62021–35 daysApply direct (no broker), Non-QM specialist4.0
Northpointe Bank7%–9.5%85%64025–40 daysFDIC-insured bank, Apply direct (no broker)4.0
Carrington Mortgage Services7.25%–10%85%60025–45 daysLower credit scores, Apply direct or via broker4.0
Deephaven Mortgage7%–9.75%90%62025–40 daysNon-QM pioneer, Via broker only4.0
Acra Lending7.25%–10%90%60025–45 daysEstablished non-QM lender, Via broker only4.0
A&D Mortgage7.25%–9.99%90%62025–45 daysFull non-QM menu, Via broker only4.0
Newrez7%–9.75%90%62025–40 daysApply direct or via broker, Smart Series non-QM3.5
LoanStream Mortgage7.25%–9.99%90%62025–45 daysNanQ non-QM line, Via broker only3.5
Champions Funding7.25%–10%90%60025–45 daysCDFI lender, Via broker only3.5

Griffin Funding

4.5

Griffin Funding is a consumer-direct lender that has built much of its brand around non-QM lending for the self-employed. Borrowers can apply directly online — no broker required — across bank statement, asset-based, 1099, and P&L programs in addition to conventional and VA loans.

Rates

7.25%–9.75%

Max LTV

90%

Min Credit

620

Close In

21–35 days

Loan Range

$100K$5M

Experience

No experience required

Self-employed borrowersApply direct (no broker)Bank statement loans

Angel Oak Mortgage Solutions

4.5

Angel Oak Mortgage Solutions is one of the largest and most established non-QM lenders in the country, with the broadest self-employed menu in the market. Important for consumers: Angel Oak Mortgage Solutions is a wholesale lender — you cannot apply directly and must work through a mortgage broker.

Rates

7%–9.75%

Max LTV

90%

Min Credit

620

Close In

25–40 days

Loan Range

$100K$4M

Experience

No experience required

Broadest non-QM menuVia broker onlyITIN borrowers

New American Funding

4.0

New American Funding (NAF) is one of the largest privately held mortgage lenders in the country, offering a full retail menu that includes non-QM options for self-employed borrowers alongside conventional, FHA, VA, and jumbo loans. Borrowers apply directly through NAF.

Rates

7%–9.5%

Max LTV

90%

Min Credit

620

Close In

21–40 days

Loan Range

$100K$5M

Experience

No experience required

Apply direct (no broker)Full product menuITIN borrowers

Newfi Lending

4.0

Newfi Lending is a non-QM specialist that operates a genuine consumer-direct retail channel in addition to wholesale. Self-employed borrowers can apply directly for bank statement, asset-utilization, 1099, and ITIN programs without going through a broker.

Rates

7.25%–9.75%

Max LTV

90%

Min Credit

620

Close In

21–35 days

Loan Range

$100K$4M

Experience

No experience required

Apply direct (no broker)Non-QM specialistBank statement loans

Northpointe Bank

4.0

Northpointe Bank is an FDIC-insured chartered bank that portfolios select non-QM products, letting self-employed borrowers apply directly for bank statement, asset-depletion, and P&L programs. As a depository institution, it underwrites and holds some of these loans itself.

Rates

7%–9.5%

Max LTV

85%

Min Credit

640

Close In

25–40 days

Loan Range

$100K$3M

Experience

No experience required

FDIC-insured bankApply direct (no broker)Bank statement loans

Carrington Mortgage Services

4.0

Carrington Mortgage Services is a vertically integrated lender and servicer with a deep non-prime and non-QM focus. Its "Flexible Advantage" series targets self-employed and credit-challenged borrowers, and consumers can apply directly through Carrington's retail channel.

Rates

7.25%–10%

Max LTV

85%

Min Credit

600

Close In

25–45 days

Loan Range

$100K$4M

Experience

No experience required

Lower credit scoresApply direct or via brokerRecent credit events

Deephaven Mortgage

4.0

Deephaven Mortgage is a pure non-QM lender (owned by Pretium) that has focused exclusively on alternative-documentation loans since 2012. For consumers, the key point is that Deephaven is wholesale and correspondent only — you reach its programs through a mortgage broker, not directly.

Rates

7%–9.75%

Max LTV

90%

Min Credit

620

Close In

25–40 days

Loan Range

$100K$4M

Experience

No experience required

Non-QM pioneerVia broker onlyBank statement loans

Acra Lending

4.0

Acra Lending (formerly Citadel Servicing) is one of the oldest and largest dedicated non-QM lenders and an active securitizer. It is a wholesale lender — consumers reach its bank statement, 1099, P&L, ITIN, and other programs through a mortgage broker rather than applying directly.

Rates

7.25%–10%

Max LTV

90%

Min Credit

600

Close In

25–45 days

Loan Range

$100K$4M

Experience

No experience required

Established non-QM lenderVia broker onlyITIN borrowers

A&D Mortgage

4.0

A&D Mortgage is a Florida-rooted, nationwide non-QM specialist serving thousands of broker partners and an active issuer of non-QM securitizations. It is a wholesale and correspondent lender — borrowers reach its full self-employed menu through a mortgage broker.

Rates

7.25%–9.99%

Max LTV

90%

Min Credit

620

Close In

25–45 days

Loan Range

$100K$5M

Experience

No experience required

Full non-QM menuVia broker onlyITIN borrowers

Newrez

3.5

Newrez is a large national lender and servicer (part of Rithm Capital) offering its "Smart Series" of non-QM products. It operates both retail and wholesale channels — consumers can apply directly, though the broadest non-QM guidelines often live on the broker side.

Rates

7%–9.75%

Max LTV

90%

Min Credit

620

Close In

25–40 days

Loan Range

$100K$4M

Experience

No experience required

Apply direct or via brokerSmart Series non-QMBank statement loans

LoanStream Mortgage

3.5

LoanStream Mortgage offers a well-known non-QM line branded "NanQ," covering bank statement, 1099, P&L, asset, and ITIN programs. The NanQ line is a wholesale staple — consumers reach it through a mortgage broker rather than applying directly.

Rates

7.25%–9.99%

Max LTV

90%

Min Credit

620

Close In

25–45 days

Loan Range

$100K$4M

Experience

No experience required

NanQ non-QM lineVia broker onlyBank statement loans

Champions Funding

3.5

Champions Funding is a 100% non-QM lender and a Treasury-designated Community Development Financial Institution (CDFI), a status that supports more flexible, exception-based underwriting for underserved borrowers. It is a wholesale lender — consumers apply through a mortgage broker.

Rates

7.25%–10%

Max LTV

90%

Min Credit

600

Close In

25–45 days

Loan Range

$100K$5M

Experience

No experience required

CDFI lenderVia broker onlyITIN borrowers

Frequently Asked Questions About No Tax Return Mortgages

Can I still get a true no-doc or stated-income loan?

Genuine no-documentation loans are rare and limited to specific niches with large down payments and strong reserves. Most "no tax return" lending today is alternative-documentation lending — you still verify income or assets, just not with tax returns. Be cautious of any lender promising a mortgage with no verification at all.

Which no-tax-return program is right for me?

If you have strong, steady deposits, a bank statement loan usually fits. If you are paid via 1099, a 1099 loan is cleaner. If you have an accountant, a P&L loan may be simplest. If you are asset-rich but income-light, asset depletion is the path. Comparing them side by side is the way to find your best fit.

Are no-tax-return mortgages legal and safe?

Yes. These are legitimate, fully underwritten loans that comply with the federal ability-to-repay rule — they simply document income or assets differently. They cost more than agency loans because private investors fund them, but they are a mainstream financing tool for self-employed borrowers.

Find No Tax Return Lenders by State

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