I would need to see your last two years tax returns, a current P&L for each business and if you bought your second business or are you developing it from the ground up. With that information (plus your credit report), I can determine what amount of mortgage you qualify for.
I agree with Jim Simms, you will need 2 years history for the national lenders to accept those income sources. This is conventional and government financing.
You might have other options depending on your credit and assets.
I have been a mortgage broker for 16 years so I bring a lot of knowledge to the table. Contact me and we can talk about your options.
An attitude of gratitude creates blessings - Sir John Templeton
Senior Loan Analyst
360 Mortgage Inc.
NMLS # 245378
Mo No. 10-1649-MLO
Ks No. 0009720
Self employed people purchase houses every day. You just need to find the right lender. Give me a call or send me an email and I will give you several names of people you can contact to help you.
My number is 913-707-3800.