5 Mortgage Lenders for Self-Employed Homebuyers in Houston

Buying a home is one of the biggest purchases a person ever makes. Most homebuyers work for a steady paycheck and build credit scores in preparation for the big move. But as you may know, not all homebuyers make a living from monthly paychecks, those who own businesses, provide contracted services, or earn from freelance work usually get denied a home loan because conventional lenders are not able to document their monthly revenue streams. To narrow down the things you have to consider, we’ve rounded up several mortgage lenders that offer options for self-employed borrowers.

As a real estate training agency, we – here at Shop Owner Finance – help self-employed professionals learn how to overcome credit challenges and buy a home of their choice with no credit check or income verification in Houston or anywhere else in Texas for that matter. It can be any single-family home in a loanable condition listed on the market.

 In this type of financing, self-employment is not an obstacle. You make monthly payments just like a buyer financed by a conventional lender does with a fixed interest rate and no balloon payments. The best part is if you are able to qualify for a mortgage anytime in the future, you can switch to a conventional home loan without paying pre-payment penalties. Start the search for your home below and let us know if you find one in your budget and desired location. We will help you buy that home with owner financing. 

If you’re looking for a home in Houston and don’t know where to start, you may also want to check out our list of suburbs.

5 Houston Mortgage Lenders for Self-Employed Homebuyers

This guide will help you sort out which Houston local lender will best suit your homebuying options. We’ve gathered them based on score consistency, median client reviews, responsiveness, overall professionalism, and attention to detail. So, without further ado, here are our top picks.

AMI Lenders

Headquartered in 710 North Post Oak Road in Houston, AMI Lenders Inc. is a 30-decade old professional mortgage consultancy firm. Since its founding in 1990, the company has served residential and commercial clients all over Houston and other nearby areas. The specialty of this firm comes in a variety of financing and mortgage services which include specialized mortgages for self-employed clients, conventional home loans, business loans as well as permanent mortgage placement with short and long-term timetables. Ami president, specializes in real estate and banking, he has also previously served as CEO and president of other financing institutions.

Score: Consistently Best

Median Client Reviews: 5/5

Online Profiles: 2 (Facebook, Twitter)

Professionalism: 5/5

Responsiveness: Typically responds in minutes

Attention to Detail: 5/5

New City Mortgage

New City Mortgage relies on its network of professional lenders to guide the residents of Houston in achieving their financial goals. They give a personalized touch by matching their clients’ needs with the appropriate loan programs complete with comprehensive assistance throughout the mortgage application process. Part of their service also involves educating homeowners about available mortgage products, along the likes of FHA, USDA, VA, and home equity loans while offering alternatives to those unable to provide the necessary paperwork. Their assistance also extends to eligible veterans who are vying for the Texas Veterans Land Board (VLB) home loan applications.

Score: Variable (leaning on good)

Median Client Reviews: 4.5/5

Online Profiles: 1 (Facebook)

Professionalism: 5/5

Responsiveness: Highly responsive, replies in seconds

Attention to Detail: 5/5

Houston Home Loan

For the last 20 years, Houston Home Loan has been making a name for itself, establishing a reputation for closing mortgage loans in Space City. Operating mostly in the greater Houston area where it closely works with clients on a personal level throughout the loan process to provide a smooth, efficient, and unique home buying experience. Borrowers are offered a range of programs including the conventional FHA, VA, USDA, and Jumbo loans while stressing equal focus on specialty mortgages, home equity loans, and home refinancing programs. Similar to New City’s approach, Houston Home Loan relies on its team of financial experts to help clients match their needs and finances with the right loan program.

Score: Best (Consistent)

Median Client Reviews: 4.6/5

Online Profiles: 2 (Facebook, LinkedIn)

Professionalism: 5/5

Responsiveness: Highly responsive, replies in seconds

Attention to Detail: 5/5

DMR Mortgage

This homegrown mortgage company has been serving Texas clients and aspiring off-state homebuyers for the better part of 2 decades. The firm’s team of mortgage professionals specialize in providing customized home financing solutions and services that guide clients in every step of the application process. DMR Mortgage helps homebuyers through specialized assistance on FHA loans, hybrid ARM loans, and Veterans Loans. The firm also helps struggling clients get back on track with their mortgage refinancing services. One of their partners and senior mortgage brokers, Catherine Reilly has a very well-established background in banking along with a near 30-year experience in mortgage brokering.

Score: Better (Consistent)

Median Client Reviews: 5/5

Online Profiles: 2 (Facebook, Twitter)

Professionalism: 5/5

Responsiveness: Typically replies within minutes

Attention to Detail: 5/5

Morton Mortgage

This Spring-based mortgage lending firm has a knack for helping Houstonians regardless of their needs, goals, and backgrounds. Their edge? A team of seasoned mortgage professionals with the insider proficiencies to make the loan application process fast and easy. Their skills come in handy on 3 different fields: helping first-time homebuyers, getting debt and financials in order, and refinancing existing loans. The services they offer range from conventional fixed-rate mortgages and adjustable-rate loans, along with specialized mortgage arrangements through Jumbo, VA, FHA, home equity, and construction loans. Borrowers can look forward to personalized assistance should they decide to work with Morton.

Score: Best (Consistent)

Median Client Reviews: 5/5

Online Profiles: 2 (Facebook, LinkedIn)

Professionalism: 5/5

Responsiveness: Highly responsive, replies in seconds

Attention to Detail: 5/5

Here are a few home listings in Houston that you may want to browse. 

Disclaimer: Shop Owner Finance/ TL Global is not a lender. We are a real estate training agency. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.