Expert non-QM mortgage insights for self-employed borrowers, real estate investors, and high-net-worth buyers. Market updates, borrower guides, and strategies from America’s #1 consumer-direct non-QM lender.
Frequently Asked Questions How does a 1099 mortgage work if I have major write-offs on my taxes? A 1099 mortgage uses your gross 1099 income
Frequently Asked Questions Can a 1099 independent contractor get a jumbo mortgage? Yes. Many Non-QM lenders offer 1099 income qualification on jumbo loan amounts. The
Frequently Asked Questions What documents do I need for a 1099 loan application? Primarily: 1099-NEC forms from the past 12 or 24 months from all
Frequently Asked Questions Which is better for a self-employed electrician — a 1099 loan or a bank statement loan? It depends on your income structure.
Frequently Asked Questions Can I combine multiple 1099 sources to qualify for a mortgage? Yes. All 1099-NEC income from all sources is combined and averaged
Frequently Asked Questions What is a 1099 loan for independent contractors? A 1099 loan is a Non-QM mortgage that qualifies income using gross 1099 contractor
Frequently Asked Questions I just went self-employed as a tradesperson — when can I get a bank statement loan? Most bank statement loan programs require
Frequently Asked Questions Should I use my business or personal bank statements for a mortgage? It depends on how your income flows and what your
Frequently Asked Questions What credit score do I need for a bank statement loan in 2025? Most bank statement loan programs start at a minimum
Frequently Asked Questions How do lenders calculate income on a bank statement loan? Lenders total all eligible deposits over 12 or 24 months, divide by
