We also offer  the 1099 for income program designed for sole proprietors or contract individuals with payments reported on IRS Form 1099 and included in the borrower’s schedule C.


  • 1099s for the most recent 2 years are provided

  • 1099s are from the same single employer for the past 2 years

  • 1099s are validated with a wage and income transcript from the IRS

  • Maximum 50% DTI and 85% LTV, minimum 660 credit score

  • Year-to-date earnings are verified via a YTD paystub, written VOE, or other equivalent third-party documentation

  • No bank statements required

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