Mortgages for the self-employed

[Hannah Costello]

Are there any mortgage types out there that will finance new entrepreneurs? I know you need the 2 years of tax returns. But what if you only have 1 year of not so hot income, but are showing great income via bank statements for the current year?

And if there aren’t any mortgages for the self employed without 2 years of returns, are there lenders who will take the average of the 2 years, so how does that work?

Any and all advice is appreciated!