Documented Income Verification: Self-employed individuals often need to provide additional documentation to verify their income. This may include tax returns, profit and loss statements, and business bank statements. Lenders typically look for a consistent and reliable income history.

Stable Business Operations: Lenders will assess the stability and viability of your self-employed business. They may look for a track record of successful operations, a steady client base, and evidence of future business prospects.

Creditworthiness and Debt-to-Income Ratio: Like any borrower, self-employed individuals need to demonstrate good creditworthiness. This includes maintaining a healthy credit score and managing existing debts responsibly. Additionally, lenders will evaluate your debt-to-income ratio to ensure you can comfortably afford the mortgage payments.