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Larkspur sits in one of California's most expensive counties. Marin's high property values mean most buyers need real buying power — not a loan program that can't handle the numbers.
1099 earners in Larkspur often out-earn W-2 employees. The problem isn't income — it's proving it the way traditional lenders want.
620+
Min Credit Score
10–20%
Down Payment
2 Years of 1099s
Income Docs
2 Years Typical
Self-Employed History
1099 Loans in Larkspur
Lenders use your 1099 forms — typically the last two years — to calculate qualifying income. No tax returns required in most cases.
Most 1099 loan programs want a 620+ credit score and 10–20% down. Stronger credit gets you better terms. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect 1099 loans eligibility, lender expectations, and local market factors before comparing payment options in Larkspur.
Larkspur sits in one of California's most expensive counties. Marin's high property values mean most buyers need real buying power — not a loan program that can't handle the numbers.
1099 earners in Larkspur often out-earn W-2 employees. The problem isn't income — it's proving it the way traditional lenders want.
Lenders use your 1099 forms — typically the last two years — to calculate qualifying income. No tax returns required in most cases.
Big banks almost never offer 1099 loans. These are non-QM products — meaning they sit outside standard agency guidelines from Fannie Mae and Freddie Mac.
Wholesale lenders who specialize in non-QM are where these loans live. We work with 200+ of them. That reach matters when you're matching a Marin County price point to a niche program.
The biggest mistake 1099 borrowers make? Assuming their tax write-offs won't hurt them here. They can. Lenders use your gross 1099 income, not net — but some programs average your two-year total.
If your income dropped year-over-year, some lenders will use the lower number. Others use a 24-month average. Knowing which lender uses which method changes your qualifying amount significantly.
Bank Statement Loans are often a stronger fit if you run a business with heavy expenses. You qualify on deposits, not 1099s. That can mean higher qualifying income for some borrowers.
1099 loans work best when your gross income is consistent and well-documented. If your situation is more complex, Profit & Loss or Asset Depletion loans may get you further.
Larkspur attracts consultants, creatives, and tech independents — a large share of the workforce earns 1099 income. This isn't a niche borrower here. It's a common profile.
Marin's price points push many buyers into jumbo territory. Some non-QM lenders offer 1099 programs with jumbo loan limits. That combination is exactly what Larkspur buyers often need.
Some lenders accept 12 months of 1099s. It's program-specific and usually requires stronger credit and more reserves.
Most 1099 loan programs skip tax returns entirely. That's the point — your 1099 forms do the work.
Year-over-year drops raise flags. Lenders may use the lower year or a two-year average, which affects your qualifying amount.
Yes. Several non-QM lenders offer 1099 programs with jumbo loan limits. Larkspur buyers often need this combination.
Most programs start at 10% down. Higher loan amounts or lower credit scores typically require 20% or more.
Mixed income borrowers sometimes qualify conventional instead. We'd look at both paths before committing to non-QM.