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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.
Florida produces Non-QM 1099 borrowers in greater concentration than almost any other state. Three market segments drive the volume, and each one has a deduction
Your clients already reported what they paid you to the IRS. Every 1099-NEC filed by every company that paid you this year sits in the
A foreclosure or short sale closes a chapter. It doesn’t end the story. Independent contractors who experienced a foreclosure or short sale during the 2020–2022
Your 1099 qualifying income determines how much mortgage you can afford. Your credit score determines what it costs and how much you have to put
Bankruptcy discharges debt. It doesn’t disqualify independent contractors from mortgage access permanently. Thirty-six months after discharge — with credit rebuilt to 640+ and 1099 income
The 1099 loan program does not permanently disqualify borrowers who have experienced major credit events. The standard seasoning requirement applies uniformly across all credit events:
Both programs qualify without tax returns. Both serve independent workers. The question of which to use is purely quantitative — whichever produces the higher qualifying
This comparison matters because it determines whether the mortgage you can get is the mortgage you need. For most independent contractors, conventional mortgage qualification produces