Logan 1099

Help Your Borrowers Qualify Without Tax Returns

1099 Loan Benefits

Qualify borrowers with 1099 Statements & YTD bank statements in lieu of Tax Returns. Our 1099 Income Loans are for Self-Employed borrowers such as Contractors, Freelancers, Gig-Economy workers or other self-employed borrowers who typically don’t qualify for Agency solutions. Our 1099 Loan allows for loan amounts up to $3M.*

*Not all self-employed borrowers will qualify. Self-employment must be for services provided by the borrower.

  • Max Loan Amount $3 million

  • Min 660 Credit Score

  • 12 or 24 Months Business, Personal or Both Ok

  • 1099 plus YTD earnings Ok

  • Primary, 2nd Home & Investor Properties

  • No LTV Restrictions for Condos

  • Non Warrantable Condos OK

  • Up to 85% LTV – Exceptions possible

  • Gift of Equity Ok on Primary Homes

  • Interest Only Options Available

  • Max 6 loans or $5M – which ever comes first

I Want to Know More

If you would like to hear more about the Logan Model, feel free to contact us.