What it is
A Non-QM program that uses your 1099 forms — one or two years — as qualifying income, skipping the full tax-return teardown.
How it works
The lender totals your 1099 income, applies a modest expense factor, and qualifies you on the result. Simpler than bank-statement averaging when your 1099s are clean.
Who it fits
Realtors, loan officers, nurses and medical contractors, drivers, consultants, gig professionals — steady contract earners without W-2s.
What you'll need
Your 1099s (1–2 years), proof you're still earning from the same source, and standard credit and down-payment review.
Good to know
If your deposits are stronger than your 1099s, the bank-statement route may qualify you for more. A five-minute call sorts out which lane wins.
Two minutes with a licensed advisor beats two hours of reading. NMLS #1511274 · Licensed in California · Florida · Texas
Talk to the DeskGeneral education, not advice for your specific situation. Every file is different — talk to a licensed professional before making decisions.