This is nothing new. Conforming loans for self employed have always required 2 years tax returns. I just went through this process myself. It is more painful th

This is nothing new. Conforming loans for self employed have always required 2 years tax returns. I just went through this process myself. It is more painful than W2, but if you have 2 years returns, acceptable debt to income ratio, and decent credit, you can get a loan. What has changed if there aren't many non-conforming loan options like there were in the bubble years.