Yes — here’s how to do it (and who it works for).

If you’ve been told you need two years of tax returns to get approved for a mortgage, you’re not alone.
That’s the standard for traditional loans — but it’s not the only option.

The truth?
👉 You can get a mortgage without tax returns — if you use the right loan type.

Let’s walk through when it’s possible, how it works, and who these programs are designed for.

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✅ Yes, You Can Get a Mortgage Without Tax Returns

This is possible through Non-QM (non-qualified mortgage) loan programs, which allow you to qualify using:

• Bank statements
• 1099 forms
• Rental income (DSCR loans)
• Assets instead of income
• Even recent credit event programs (like post-bankruptcy loans)

These loans are fully documented and underwritten — they’re just more flexible in how income is verified.

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🧠 Who These Loans Work Best For:

👤 Self-Employed or Business Owners

Use 12–24 months of bank statements or 1099s to show income.

💼 Freelancers or Gig Workers

No W-2s needed — just proof of consistent deposits or contracts.

🏘️ Real Estate Investors

Use rental income (not your personal income) with a DSCR loan.

💰 Retirees or High-Net-Worth Borrowers

Use assets like savings, investments, or retirement accounts to qualify.

📘 We’ll help you choose the method that works best based on how you earn and manage money.

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🧾 What You’ll Need Instead of Tax Returns

Depending on the loan type, you may need:

• 12–24 months of bank statements
• 1099 forms from the last 1–2 years
• Proof of business ownership or active contracting
• Lease agreements or rental comps (for investors)
• Brokerage or retirement account balances

No 1040s. No Schedule Cs. No IRS transcripts.

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📉 How Down Payments and Credit Factor In

While you don’t need tax returns, you may need:

• A credit score of 620–680+
• A down payment of 10–25%, depending on the program
• Cash reserves (savings or liquid assets) in some cases

💡 The more flexible the income, the stronger your down payment and credit should be to balance it out.

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❌ Common Myths

“Only high-income buyers can qualify.”
✅ Not true — we structure loans for all types of borrowers.

“These loans are risky or subprime.”
✅ Not at all. Non-QM loans are fully underwritten and follow investor guidelines.

“It’s too complicated.”
✅ We walk you through every step. Most non-QM deals close just as fast as traditional loans.

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🏢 Why PRMI?

PRMI specializes in helping borrowers who:

• Don’t want to use tax returns
• Need creative income solutions
• Want to close with clarity, speed, and control

We’re a direct lender — so we can customize the path and underwrite your deal in-house.

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👇 Want to See If You Can Get Approved Without Tax Returns?

Let’s review your income, assets, and goals — and match you with a strategy that works for your lifestyle.