I understand Self Employed I’ve always been an Entrepreneur

Self-employed applicants typically have a harder time proving their income. The benefits of writing many expenses down are great, yes, but at the end of the day we are sometimes able to “verify” only a nominal amount of what we earned.

That is why lenders and insurers have created a "stated income" program for those finding themselves in this very position. The stated income portion (that is submitted to a lender) must be reasonable based on the industry, length of operation, and type of business.