SELF-EMPLOYED & 1099 LOANS

You Work for Yourself.
Let's Find Financing That Fits.

Business owner, independent contractor, or freelancer? Your income may look different from a paycheck. I'll help you understand your mortgage options and the documents each one needs.

Talk Through Your Options ☎ Call (619) 737-7879

YOUR INCOME, YOUR OPTIONS

A Mortgage Conversation Built Around Your Business

Being self-employed doesn't rule out a traditional mortgage. I'll start by understanding your business, income history, and goals, then compare the programs that may fit.

Tax returns are commonly used to document self-employment income. When that approach doesn't fit, certain lenders offer bank statement or 1099 income programs. These still require documentation and underwriting; they aren't a shortcut around proving your ability to repay.

I'll walk you through the rate, fees, down payment, and documentation so you can make an informed decision.

WAYS TO DOCUMENT INCOME

More Than One Way to Review Your Income

Traditional mortgages

Self-employed borrowers may qualify using tax returns and supporting business records, subject to the program's requirements.

Bank statement options

Some lenders review eligible deposits in personal or business bank statements to evaluate qualifying income.

1099 income options

Certain programs use documented contractor earnings with supporting information. Availability and requirements vary by lender.

A clear comparison

I'll compare eligible options, explain the tradeoffs, and help you understand the total cost and next steps.

IS THIS YOU?

Let's Talk If You...

Own a business or work for yourself
Earn income as an independent contractor
Receive 1099 income or freelance payments
Have income that varies through the year
Want to buy a home or refinance
Need a second look after another lender said no

THE PROCESS

Clear Steps From Conversation to Closing

Tell me your story

We'll discuss your work, income, goals, and timeline.

Review the documents

I'll explain what each option requires and how to share documents securely.

Compare your options

We'll review rates, fees, payments, and program requirements together.

Move toward closing

I'll guide you through the application and lender review, with clear updates along the way.

FAQS

Self-Employed & 1099 Loan Questions

Can I qualify without a W-2?

You may have options. Self-employed borrowers can qualify for traditional mortgages when their documented income meets the program requirements. Some lenders also offer alternative documentation programs.

Do bank statement loans mean no income verification?

No. The lender still evaluates income and your ability to repay. Eligible deposits are reviewed, and business expenses and other documentation may be considered.

Is a 1099 loan the same as a bank statement loan?

No. A 1099 program uses documented contractor earnings, while a bank statement program reviews eligible deposits. Requirements and availability vary by lender.

What should I bring to our first conversation?

Tell me what you do, how long you have done it, your purchase or refinance goals, and how your income is documented. I will explain which documents to gather and how to share them securely.

What if another lender already said no?

A different program may be worth reviewing. I will look at the reason for the decline and explain whether another option may fit. Approval is never guaranteed.

I help borrowers across Arizona, including Phoenix, Scottsdale, and the West Valley, and throughout Southern California. I'm also licensed in Colorado, Florida, New Jersey, Oregon, Pennsylvania, and Washington.

Let's Talk About Your Income and Your Goals

You don't need to have everything figured out before we talk. Tell me your situation, and I'll help you understand the next step.

Contact Jim ☎ Call (619) 737-7879

Jim Apessos, NMLS #229056 · Barrett Financial Group, LLC, NMLS #181106. This is not a commitment to lend. All loans are subject to credit approval, income and asset verification, property appraisal, and program guidelines. Rates, terms, documentation requirements, and availability vary by program, lender, and state and are subject to change. Equal Housing Opportunity.