advice onfinding a loan w/ one year's tax returns, self-employed?

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My spouse and I want to find a loan for our first home purchase. We are self-employed and 2016 was our first year of business (so we have no returns from 2015). I have been told that Freddie Mac loans can be approved with just 1 year of tax returns for self-employed applicants. We want a relatively small loan (about 200K with 10% down). Our combined AGI is roughly 35-40K. 

We are buying in California. This is for a single family home that will be our primary residence, so it is not a rental/investment property. 

Is this feasible?  For how much will we qualify with this income? What documents will we need to provide? Can anyone recommend a mortgage broker or lender that specializes in these types of approvals?

Thanks for the help.