NO Tax Returns or Bank Statements Needed

1099 Only Loans

Our Simple Access® 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 of your 1099 forms.
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Loan Highlights

  • Loan amounts to $3.5M
  • Fixed and adjustable rate mortgages
  • No tax returns or bank statements required
  • Mortgage Insurance not required
  • All occupancy types (Primary residence, second home or investment property)

Have Questions? Let’s Chat.

Call us today at (888) 379-0303 for a Free Consultation and to learn if a 1099 Only Loan may be right for your situation.

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Loan Requirements

  • Must provide most recent 1 or 2 years of 1099’s
  • Funds can be in checking, savings, money market accounts, marketable securities, or retirement accounts
  • Credit scores down to 620 (Subject to loan amount and loan-to-value (LTV) restrictions)
  • Debt-to-income ratio up to 55 allowed

Get in touch.

We’re here to answer any question you may have about 1099 Only Loans or any of our other mortgage programs.

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We're dedicated to helping borrowers find the right home loan program for their situation. Contact us today for a free quote and consultation.

Call us today: (888) 379-0303

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