Are you a freelanceer, independent contractor, gig economy worker or other self-employed?
The 1099 income loan option is for self-employed borrowers who traditionally file tax returns using W-9s and take advantage of business deductions. Typically, these borrowers can't qualify for a mortgage under Agency quidelines. These borrowers can use a 1099 earning statement in lieu of tax returns to qualify for a mortgage.
Contact me to advise you of your mortgage options...
Pauline@indmortage.com | (508) 525-5415 | www.indmortgage.com