1099 Only Mortgages
SIMPLE ACCESS® NON-QM FROM LUXURY MORTGAGE
Qualify borrowers that receives compensation in the form of commission or independent contractor basis and receive IRS form 1099 at year-end.
- Purchase or Rate and Term Refinance Max LTV 90%
- Cash Out Max LTV 80%
- DTI up to 55%
- Interest Only available
- Three 1099 qualification options
- Minimum one year self-employment (with prior related experience)
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