Non Agency Loan > 1099

The 1099 Loan: Flexible Financing for Self-Employed Borrowers

A 1099 loan is a mortgage or personal loan designed specifically for independent contractors, freelancers, and self-employed individuals who receive 1099 income instead of traditional W-2 wages

Features

  • Max Loan Amount $4 million (or 6 loans)
  • Min 620 Credit Score
  • 12 or 24 Months Business, Personal or Both Ok
  • 1099 plus YTD earnings Ok
  • Primary, Second Home & Investment Properties
  • No LTV Restrictions for Condos
  • Non Warrantable Condos OK
  • Up to 85% LTV – With Exceptions
  • Gift of Equity Ok for Primary Homes
  • Interest Only Options Available
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