1099 Only Mortgages
SIMPLE ACCESS® NON-QM FROM LUXURY MORTGAGE
Qualify borrowers that receives compensation in the form of commission or independent contractor basis and receive IRS form 1099 at year-end.
- Loan Amounts up to $3MM
- Max LTV Purchase 90%, R/T Refi. 85%, C/O Refi. 80%
- DTI up to 50%
- Interest Only available
- Minimum one year self-employment (with prior related experience)
- Full income documentation for a Co-Applicant may be used in addition to the 1099 income
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Thank you for your interest in our wholesale NON-QM and jumbo loan programs. If you're interested in becoming an approved broker for any of our wholesale lending products, we invite you to sign up here.