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American Canyon sits at the southern edge of Napa County. It attracts self-employed workers from the wine industry, hospitality, and trades.
1099 earners here often have strong income but messy tax returns. Standard loans reject them. This loan type was built for exactly that situation.
620+
Min Credit Score
1-2 Years 1099s
Income Docs
10-20%
Down Payment
1-2 Years Preferred
Self-Employment History
1099 Loans in American Canyon
Lenders use your 1099 forms — typically 1-2 years — to calculate income. No W-2s needed. No employer verification.
Credit requirements vary by lender. Most want a 620+ score. Down payment typically starts at 10-20%. 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 American Canyon.
American Canyon sits at the southern edge of Napa County. It attracts self-employed workers from the wine industry, hospitality, and trades.
1099 earners here often have strong income but messy tax returns. Standard loans reject them. This loan type was built for exactly that situation.
Lenders use your 1099 forms — typically 1-2 years — to calculate income. No W-2s needed. No employer verification.
Big banks rarely offer 1099 loans. This product lives in the non-QM wholesale market, which is where brokers operate.
SRK CAPITAL shops across 200+ wholesale lenders. That matters here — pricing and guidelines differ sharply between non-QM lenders.
The biggest mistake 1099 borrowers make: waiting until tax season, then discovering their write-offs destroyed their qualifying income.
Pull your 1099s early. Know your gross income before deductions. That number is what non-QM lenders actually care about.
Bank Statement Loans are a close alternative. Instead of 1099s, they use 12-24 months of deposits to calculate income.
If your 1099s are inconsistent but your bank account looks healthy, a Bank Statement Loan might produce a better qualifying number. We run both scenarios.
American Canyon's Napa County location means you're close to a major wine and hospitality economy. Seasonal and contract income is common here.
Napa County home prices run high relative to state averages. 1099 borrowers need to show enough income to support that purchase price — lenders will scrutinize it.
Most lenders want two years. Some non-QM lenders accept one year if your income is strong and consistent.
Not with a 1099 loan. Lenders use gross 1099 income, not your taxable income after write-offs.
Yes. Lenders add up all 1099 income from the prior one to two years. Multiple sources are fine.
Yes, typically. Non-QM loans carry higher rates due to added risk. Rates vary by borrower profile and market conditions.
Lenders average your income over two years. A significant drop will raise flags and may reduce your qualifying amount.