No Tax Returns, No Hassle
Buy a home without traditional tax returns.
The 1099 Loan is designed for borrowers who get paid on 1099s instead of W-2s. Instead of looking at your tax returns, we use your actual 1099 income to help qualify you for a mortgage. This option makes homeownership easier for contractors, freelancers, and anyone who earns primarily through 1099 income.
- Personal or business accounts can be used
- Loan amounts up to $3 million
- Credit scores starting at 620
- Up to 90% loan-to-value (depending on credit)
- Purchase, refinance, or cash-out options
- Primary homes, second homes, and investment properties allowed
