> ## Documentation Index
> Fetch the complete documentation index at: https://cameron.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Multiple Business Owners

> Qualifying for a self-employed mortgage when you own more than one business

Many self-employed borrowers own multiple businesses. Lenders offering self-employed mortgages can work with this complexity, combining income across entities to maximize qualifying income.

## How Multiple Businesses Are Handled

Lenders evaluate each business separately, then combine the results:

1. Verify each business meets self-employment requirements (typically 2 years)
2. Collect bank statements for each business account
3. Apply appropriate expense factors to each business
4. Sum the qualifying income from all sources

## Example Calculation

| Business       | Expense Factor | Annual Deposits | Qualifying Income |
| -------------- | -------------- | --------------- | ----------------- |
| Consulting LLC | 25%            | \$200,000       | \$150,000         |
| Retail store   | 50%            | \$300,000       | \$150,000         |
| **Combined**   |                |                 | **\$300,000**     |

## Documentation for Each Business

* 12 or 24 months of bank statements
* Business license or formation documents
* Proof of ownership percentage
* CPA letter (optional, but helpful)

## Key Considerations

**Ownership percentage** — Partial owners may only receive credit for their share of income. A 50% owner gets 50% of qualifying income.

**Intercompany transfers** — Money moving between your businesses gets flagged and excluded. Keep clean records distinguishing revenue from transfers.

**Business tenure** — If one business is newer than two years, that income may not count even if your other businesses qualify.

**More paperwork** — Multiple entities means multiplied documentation. Get all businesses properly documented before applying.

For 1099 programs, lenders combine 1099 totals across businesses rather than applying expense factors to deposits.