Form 1099

If you’re a self-employed professional or contractor receiving a 1099 form, our Form 1099 Loan option offers a seamless and effective way to qualify for funding. Skip the traditional income verification hassles and focus on what really matters—your 1099 earnings and bank statements.

• Loan-to-Value (LTV): Up to 85%
• Minimum FICO Score: 660
• Maximum Cash-Out: 80%
• Maximum Loan Amount: $3 million
• Income Calculation: We use 90% of your 1099 earnings, along with your YTD bank statement.If your income is increasing, we average the figures.
  If your income is declining, we rely on the YTD figure for accuracy.

Your 1099 earnings are a valuable asset when it comes to securing financing. By offering a simple yet effective way to use your freelance income for qualification, we ensure that your path to financing is smooth and straightforward. Take the next step in growing your business or securing your investment—let your 1099 work for you.