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Corte Madera sits in one of California's most expensive counties. Buying here takes serious purchasing power.
Marin's housing market attracts high earners — many of whom are self-employed, consulting, or freelancing. Standard W-2 loans routinely fail this group.
660+
Min Credit Score
1-2 Years 1099s
Income Docs
10-20%
Down Payment
2 Years Preferred
Self-Employment History
Non-QM
Loan Type
1099 Loans in Corte Madera
A 1099 loan uses your contractor income to qualify — not tax returns. Lenders look at your 1099 forms from the past 1-2 years.
Most programs want a 660+ credit score and 10-20% down. Debt-to-income limits vary by lender and loan size.
Local decision guide
Use this guide to connect 1099 loans eligibility, lender expectations, and local market factors before comparing payment options in Corte Madera.
Corte Madera sits in one of California's most expensive counties. Buying here takes serious purchasing power.
Marin's housing market attracts high earners — many of whom are self-employed, consulting, or freelancing. Standard W-2 loans routinely fail this group.
A 1099 loan uses your contractor income to qualify — not tax returns. Lenders look at your 1099 forms from the past 1-2 years.
Banks rarely offer 1099 loans. This is a non-QM product — meaning it falls outside standard Fannie Mae guidelines.
Wholesale lenders dominate this space. A broker with access to multiple non-QM lenders shops better terms than any single bank can offer.
The biggest mistake 1099 borrowers make: waiting too long to get pre-approved. Marin homes move fast.
Tax write-offs hurt you on a conventional loan. A 1099 loan sidesteps that — your gross income drives the qualifying number.
Bank statement loans are another non-QM option. They average 12-24 months of deposits instead of 1099 forms.
If you mix W-2 and 1099 income, a hybrid approach may work better. The right program depends on how you get paid.
Corte Madera's price point often pushes loan sizes into jumbo territory. Non-QM jumbo 1099 loans exist — but expect stricter reserves.
Marin buyers frequently work in tech, creative fields, and consulting. This loan was built for exactly that income profile.
Most lenders want 24 months. Some accept 12 months with strong compensating factors like high credit or large reserves.
Not on a 1099 loan. Lenders use your gross 1099 income — not your taxable income after deductions.
Yes. Non-QM jumbo 1099 programs exist. Expect larger down payments and higher reserve requirements at those loan sizes.
Most non-QM lenders start at 660. Better scores get better rates. Rates vary by borrower profile and market conditions.
A 1099 loan uses your contractor income forms. A bank statement loan averages your monthly deposits over 12-24 months.
Yes. Some lenders blend both income types. Your broker needs to match you to a lender that allows combined income documentation.