Question 1

Can I use 1099 income from multiple clients?

Accepted Answer

Yes, lenders combine all 1099 forms. More clients actually strengthens your file by showing diversified income sources.

Question 2

What if I write off most of my income on taxes?

Accepted Answer

1099 loans use your gross 1099 amounts before tax write-offs. That's why contractors with aggressive deductions prefer this program.

Question 3

Do I need two years of self-employment history?

Accepted Answer

Most lenders want 12 months minimum. Some require 24 months. The longer your 1099 history, the better your rate.

Question 4

How long does 1099 loan approval take in Yountville?

Accepted Answer

Pre-approval takes 2-3 business days. Full approval takes 15-21 days if your 1099 documentation is organized upfront.

Question 5

Can I combine 1099 income with W-2 wages for qualification?

Accepted Answer

Yes, blending both income types is common. It often improves your debt-to-income ratio and may lower your rate.

1099 Loans in Yountville — Mortgages Built for Independent Contractors