Mortgage Program
Mortgage Loans With 1099 Only
Tailored Financing Solutions for Self-Employed Borrowers
Discover the Flexibility of Mortgage Loans With 1099 Only with Pied Piper Mortgage
Mortgage loans with 1099 only are designed specifically for self-employed individuals and independent contractors who receive income through 1099 forms rather than traditional W-2 employment. These loans recognize the unique financial situations of self-employed borrowers, offering flexible underwriting guidelines and simplified documentation requirements. If you’re a freelancer, consultant, or small business owner, a 1099-only mortgage can help you achieve your homeownership dreams.
Benefits
You know the home you want. We make it happen for your need.
Competitive Interest Rates
Access favorable rates tailored to self-employed borrowers.
Flexible Income Verification
Use 12-24 months of 1099 income to prove your ability to repay the loan.
Simplified Documentation
Qualify for a mortgage using your 1099 income statements instead of tax returns.
High Loan Amounts
Secure financing for higher-value properties with loan amounts that suit your needs.
Why Choose Mortgage Loans With 1099 Only?
Buying a home can be overwhelming. We Provide you a solution!
Streamlined Process
Mortgage loans with 1099 only simplify the application process for self-employed borrowers by focusing on your actual income rather than extensive tax documentation.
Greater Flexibility
These loans offer flexible income verification methods, making it easier for you to qualify based on your 1099 income statements.
Tailored Solutions
Designed with self-employed individuals in mind, these loans provide customizable options to fit your unique financial situation and goals.
WHY CHOOSE US?
Pied Piper Mortgage has a simple online process for loan Applications
Expert Guidance
Our experienced team provides personalized support throughout the mortgage process, ensuring you find the best loan options tailored to your needs.
Streamlined Process
We simplify the loan application and approval process, helping you secure financing quickly and efficiently.
Extensive Network
Our extensive network and resources ensure you get the best rates and terms available in the market.
Got Questions About Mortgage Loans With 1099 Only?
What is a 1099-only mortgage loan?
A 1099-only mortgage loan is a home loan designed for self-employed individuals and independent contractors who receive income through 1099 forms. It allows borrowers to qualify using their 1099 income statements instead of traditional tax returns.
Who qualifies for a 1099-only mortgage loan?
Self-employed individuals, freelancers, independent contractors, and small business owners who receive 1099 income and can provide 12-24 months of 1099 statements may qualify for this type of loan.
Are interest rates higher for 1099-only mortgage loans?
Interest rates for 1099-only mortgage loans can be competitive and are often tailored to the unique financial profiles of self-employed borrowers.
What documentation is required for a 1099-only mortgage loan?
Typically, you will need to provide 12-24 months of 1099 income statements, bank statements, and other documentation to verify your income and financial stability.
Can I use a 1099-only mortgage loan to refinance my existing mortgage?
Yes, 1099-only mortgage loans can be used to refinance an existing mortgage, especially if your income situation has changed or if you want to take advantage of better terms.
What are the down payment requirements for a 1099-only mortgage loan?
Down payment requirements can vary, but many 1099-only mortgage loans require a minimum down payment of 10-20% of the property’s value.
How do I apply for a 1099-only mortgage loan?
The application process involves providing your 1099 income statements, bank statements, and other relevant documentation to verify your income and financial status. Our mortgage specialists will guide you through each step.
Are there any restrictions on the type of home I can buy with a 1099-only mortgage loan?
There are generally no specific restrictions on the type of home you can purchase with a 1099-only mortgage loan, but the property must meet standard lending guidelines.
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What Our Clients Say
Choosing Pied Piper Mortgage was one of the best decisions I made during my home-buying journey. The team was incredibly supportive and knowledgeable, guiding me through every step with patience and professionalism. Their competitive rates and personalized service made the process smooth and stress-free. I couldn't be happier with my new home and the experience I had with Pied Piper Mortgage
Shehjad Patel
Pied Piper Mortgage exceeded all my expectations. From the initial consultation to closing, their team provided outstanding service and clear communication. They tailored a mortgage solution that perfectly suited my financial needs and made the entire process seamless. I highly recommend Pied Piper Mortgage to anyone looking for a trustworthy and efficient mortgage provider
John M
As a first-time homebuyer, I had a lot of questions and concerns. The team at Pied Piper Mortgage was patient, informative, and supportive throughout the entire process. They made me feel confident and secure in my decision. Thank you for helping me buy my first home!
Samantha K
Co-FounderWe decided to refinance our home to take advantage of lower interest rates. Pied Piper Mortgage made the process quick and straightforward. Their team handled everything efficiently, and we were able to save a significant amount on our monthly payments. We're grateful for their expertise and professionalism.
Mark and Rachel T
Co-FounderPied Piper Mortgage was more than just a lender; they were a true partner in our homeownership journey. They took the time to understand our needs and found the best loan option for us. We felt supported every step of the way, and now we're enjoying our beautiful new home.
