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1099 Only Mortgage Loans

Independent contractors and freelance gig workers that are paid like a business owner but may not "own" a company. "1099 Only loans" are for those people. Sole Proprietor/Independent Contractors can utilize one or multiple1099's 1-year ("Reduced Doc") or 2-year ("Lite Doc") history instead of the standard tax returns, etc. No Form 4506-C (formerly Form 4506-T).

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Asset Qualifier

Portfolio Mortgage Asset-based Income Documentation | Asset Based Lending * Debt-to-Income DTI (expense ratio) up to 55% Now you can

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