Program Highlights
Up to 90% LTV (Loan-to-Value)
One of the standout features of our 1099 Income Qualification program is the ability to finance up to 90% of your home’s value. This means you can secure a mortgage with a down payment as low as 10%.
Borrower Must Be 1099 Only
Our program is tailored specifically for 1099 contractors. Whether you’re a freelance graphic designer, a consultant, or a gig economy worker, if your income is derived solely from 1099 contracts, this program is designed with you in mind.
Up to $3,000,000 Loan Amount
Our program offers loan amounts up to $3,000,000, providing you with the financial flexibility to purchase a home that meets your needs.
First Time Home Buyer OK
Are you a first-time homebuyer? No problem! Our 1099 Income Qualification program welcomes first-time buyers, helping you navigate the mortgage process with ease and confidence.
Restrictions
Two (2) Years in the Same Profession
To qualify for our 1099 Income Qualification program, you must have been in the same profession for at least two years. This requirement helps us ensure that your income is stable and reliable, providing a solid foundation for your mortgage.
Two (2) Months Bank Statements to Support Income
In addition to your 1099 forms, we require two months of bank statements to support your income. This documentation helps us verify your earnings and assess your ability to manage mortgage payments.
If you’re a 1099 contractor looking to purchase a home, our 1099 Income Qualification program could be the perfect fit for you.
Contact us to learn more about our program.
