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510-786-8739 Schedule Zoom | CA DRE #01480904 · NMLS #300923
Home/Residential/1099 Loans
Contractors · Gig Workers · Freelancers · No Tax Returns

1099 Loans —
Your Income is Real. We Prove It.

Tax write-offs are smart business — but they can make your income look small on paper. Our 1099 programs use your gross 1099 earnings to qualify you, not your taxable income after deductions. No tax returns. No W-2s.

Apply Now → Call 510-786-8739
Program Options

1099 Loan Programs

1-Year 1099 Program
Qualify using just 12 months of 1099 income. Perfect if you recently switched to contract work or had a stronger recent year.
1 Year 1099sMin 620 FICOUp to 90% LTVUp to $3.5M
2-Year 1099 Program
Average of 24 months of 1099 income. Better pricing and higher LTV options. Preferred when income is consistent over 2 years.
2 Year 1099sMin 620 FICOUp to 90% LTVBest Pricing
ALT ACE — 1099 + Assets
Combine 1099 income with asset utilization for maximum qualifying power. First-time home buyer and first-time investor allowed.
1099 + AssetsFTHB OKUp to $3MPrimary & Investment
Who This Is For

Perfect For

Independent contractors and freelancers
Gig economy workers (Uber, Lyft, DoorDash, Instacart)
Real estate agents paid on commission
IT consultants and tech contractors
Healthcare travelers and locum tenens physicians
Creative professionals (photographers, designers, writers)
Any borrower receiving 1099-MISC or 1099-NEC income
Self-employed borrowers where write-offs hurt tax income
Common Questions

1099 Loan FAQs

How is income calculated from 1099s?
We use the gross amount shown on your 1099 forms — not your taxable income after write-offs. For a 2-year program, we average both years. For a 1-year program, we use the most recent 12 months.
Do I need to provide tax returns?
No — the entire point of a 1099 program is to avoid using tax returns. We only need your 1099 forms and potentially bank statements to verify income deposits.
What if my 1099 income varies year to year?
The 1-year program lets you use just your best recent year. If income is declining, lenders may have concerns — we coach you on which program and timing gives you the best shot at approval.
Can I use 1099 income for an investment property?
Yes — 1099 income programs are available for primary residences, second homes, and investment properties. LTV limits vary by occupancy type.
Is this available in California?
Yes — 1099 loan programs are available statewide in California including Fremont, Bay Area, Los Angeles, San Diego, and Sacramento. Programs also available nationwide.
What FICO score do I need for a 1099 loan?
Most programs require a minimum 620 FICO. Better credit scores unlock better rates and higher LTV options. Some specialty programs allow lower scores with compensating factors.

Your 1099 Income Qualifies. Let's Prove It.

Call us or apply online. We'll tell you in minutes which program fits your situation and what you qualify for.

Apply Now → Call 510-786-8739
CA DRE #01480904 · NMLS #300923 · Equal Housing Lender · Fremont, CA · Rates subject to change
MIA — Mortgage Intelligence Assistant
Online · SI MTG Team
Hi! I'm MIA, your SI MTG mortgage assistant. I can help you find the right loan program, explain rates, or get you started. What can I help you with today?
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SI MTG · CA DRE #01480904 · NMLS #300923 · Not financial advice
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