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1099 Only

Our Non-QM 1099 Only loan is an excellent solution for those that receive compensation in the form of commission or independent contractor basis and receive an IRS form 1099 at year-end. Qualification is determined solely on the last two years or one year of your 1099 forms.

✔ 2-Years or 1-Year 1099
✔ Fixed Expense Ratio of 10%
✔ YTD Documentation to support continued receipt of income from same source
✔ Loan Amount up to $4mm
✔ Purchase up to 80% LTV

✔ Cash in hand Unlimited

✔ Cash out up to 70% LTV

✔ 1‐4 Units

✔ First Time Buyer/Investor OK

✔ No Tax Returns

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