Draft — unreviewed sample, not for publication. Pending named-byline and licensed-LO review.
The 1099 Income Playbook
Qualifying gig, contractor, and commission earners on 1099s alone — the lookback, the haircuts, and how this differs from bank-statement programs.
· 1 min read
Outline — pending named byline + LO review.
Who this is for
- 1099 contractors, gig workers, commissioned salespeople
- Borrowers with strong 1099 totals but messy Schedule C write-offs
How the income is computed
- 1099 program lookback (1–2 years)
- Expense factor vs actual expenses
- How it differs from bank-statement and full-doc paths
Scenario examples
- [Realtor first investment, 1099 qualifying]
- [1099 contractor, two-year average]
Qualification matrix
| Lookback | Expense treatment | Typical max LTV | Notes |
|---|---|---|---|
| 1–2 yr | Fixed factor | — | Fill from matrices |
What typically goes wrong
Indicative rate range
Add once LO-reviewed.
Estimates only. Actual rates, terms, and approval subject to lender underwriting, appraisal, and qualifying criteria.
We are currently licensed to originate in Texas. For other states this page is educational only and is not an offer to lend.