That's a really good question . . . I'd go around to the lenders I know and ask them first. 

'I would think' that the tax returns would still help a lender qualify them, even if they do expense out their entire life (like I do)! 

There used to be a program called "stated income" for borrowers who had great credit, excellent assets but were able to prepare tax returns that showed little taxable income. Those programs were abused in a major way and contributed to the melt-down of 2008-2012. I don't know if lenders have resurrected those programs. I have not had a client who fits that description.

I suspect a lender on this string will step in with an answer.

Contact a local lender of your choice.

Try Hill Hudson with South State Bank - Hillhudson@southstatebank.com. It's called a 'checkbook loan' product - they go by income & expenses shown in your accounts and not what you claim as deductions. 

Good luck!

I do not but Caroline Gerardo can probably help you. A good mortgage broker will have more options and flexibility than most banks.

I'll be parked looking for the responses to your question

I don't think it will be done...

Good credit, no money. 

It will be hard to get refinancing. 

I do not Brian England  - as others have suggested - reach out to a few of the lenders we know in the AR community. 

Hi Brian the guy I know that has posted about this subject is Rob Spinosa - I'd give him a call for ideas and resources.

Brian,

That often happens when one is self-employed.  Some lenders understand and some do not. I think that Candice A. Donofrio gave you great advice.  A

I hope you have some good answers.

Can they show bank deposits over  24 months in same account?  What rate do they seek?  What else is good about the file -   low loan to value/ lots of liquid assets/ single family owner occupied???  Do they have depreciation?

Many things need to be deeply reviewed. Net income low is only one piece of the whole pie.

Brian England I will search and let you know about stated income loans.

While there are progarms that can use Bank Statements & P&L's in lieu of Tax Returns, there are extra provisions (and inferior loan terms) to consider. There are also nuances on determining how many years of Tax Returns to verify, and/or whether an abundance of liquid assets may be used in lieu of strong Tax Returns. In short, the devil is in the details. I recommend reaching out to a seasoned Mortgage Lender to determine options specific to each profile.

Nope! Cause that is me and Jason E. Gordon cautioned me in this COVID market you have to choose: between tax deductions or refinancing. (Paraphrased)

Since the Bank of American caused recession of 2008 lenders and underwriters find them selves more accountable regarding the loans they provide. A bad loan CAN COME BACK.
Looking first to those middle size lenders who do portfolio loans would be where I would startt. Movemeent Mortgage would be one. BlueVine has been a very creative solutions provider the past 12 months.
Next would be the local banks offering small business loans.

after that the banks whith names you have neever hear of with the locked front doors. Appontment Only.
In the end the lesson is there are consequences to concealing ones income.