Interested in a 1099 Verified Loan?
We provide the Ideal mix of customized products and mortgage expertise for the self-employed and recently retired.
Are you an independent contractor or employee earning 1099 wages? Have you tried applying for a mortgage with your local bank or credit union and been denied because you didn’t show enough on your tax returns?
Prime Funding Source has built a reputation for providing competitive rates and flexible loan programs. Talk to us today to learn about your options.
- Loan specialist will guide you through loan process
- Decades of combined experience
- Multiple loan programs to fit your financing needs
- Prime lending solution
Who Is this loan for?
Lenders typically require a W-2 to determine your income. We offer loans with increased flexibility for those who have non-traditional forms of income.
- Self-employed
- Those Who Receive 1099s
- Small Business owners
- Borrowers with high credit ratings
1099 VERIFIED FINANCING
- Maximum LTV 90% with 700 score
- Loans up to $3 million
- Income verified through 1099s
- No tax returns are required
- No reserve requirements at or below 75% LTV, C/O proceeds can be used for reserves above 75% LTV
- Last 2 Years of statements used to verify income
Individualized Lending Solutions
When it comes to finding the right financing for a mortgage, choosing an individualized lending solution is key. We specialize in those seeking a loan for a home but don’t receive a traditional paycheck.
Whether you are a business owner, recently retired, or own an investment property, our range of lending options can help ensure that you have the funds you need to purchase or refinance the property.
