1099 ONLY Program
At Luxury Mortgage, we recognize the unique financial profiles of independent contractors, commission-based professionals, and self-employed individuals. Our 1099 Only program is designed to provide these hardworking earners with flexible and accessible mortgage solutions—no traditional tax returns required.
Program Highlights
- Loan amount up to $3MM
- Max LTV Purchase 90%, R/T 85%, C/O Refi 80%
- DTI up to 50%
- Interest Only available with 30 or 40 year term
- Three 1099 qualification options
- Minimum one year self-employment (with prior related experience)
- All occupancy types allowed
Program Descriptions
Ideal For
Real Estate Professionals
Agents and brokers with fluctuating commission-based income.
Freelancers & Contractors
Individuals with diverse income streams and non-traditional employment histories.
Small Business Owners
Entrepreneurs seeking to leverage business income for personal home financing.
Become A Lender
Ready to bring Non-QM solutions to your clients? Become an approved correspondent lender and start offering tailored mortgage products today.”
Corportate
Luxury Mortgage Corp.®
Four Landmark Square
Suite 300
Stamford, CT 06901
(888) 458-6267
West Coast
Luxury Mortgage Corp.®
18100 Von Karman Ave
Suite 350
Irvine, CA 92612
(949) 516-0710
