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Indian Wells attracts high-earning professionals — consultants, entertainers, and executives who rarely see a W-2.
1099 loans are built for that borrower profile. Your tax returns don't have to tell the whole story.
620+
Min Credit Score
1-2 Years of 1099s
Income Docs
10-20%
Down Payment
Non-QM
Loan Type
2 Years Preferred
Self-Employment History
1099 Loans in Indian Wells
Lenders typically want 1-2 years of 1099s and proof you're still actively earning that income.
Credit score minimums usually start around 620. Stronger credit gets you better pricing.
Local decision guide
Use this guide to connect 1099 loans eligibility, lender expectations, and local market factors before comparing payment options in Indian Wells.
Indian Wells attracts high-earning professionals — consultants, entertainers, and executives who rarely see a W-2.
1099 loans are built for that borrower profile. Your tax returns don't have to tell the whole story.
Lenders typically want 1-2 years of 1099s and proof you're still actively earning that income.
Big retail banks rarely offer 1099 loans. This product lives in the wholesale and non-QM lender space.
We work with 200+ wholesale lenders. Several specialize in self-employed borrowers with complex income.
The mistake I see constantly: self-employed buyers try a bank, get denied, then assume they can't qualify.
That denial usually has nothing to do with their actual income. It's a documentation mismatch — and we fix that.
Bank Statement Loans use 12-24 months of deposits instead of 1099s. Better for borrowers whose 1099s don't reflect actual cash flow.
Asset Depletion Loans are worth a look if you're sitting on significant savings. Both are non-QM options we can run side by side.
Indian Wells is a luxury market. Purchase prices routinely push into jumbo territory, which tightens non-QM options.
Lenders get pickier at higher loan amounts. Strong reserves and a solid credit profile carry serious weight here.
Yes. Lenders can blend income types. The 1099 portion just needs proper documentation.
Most lenders want two years. Some allow one year if your income is strong and consistent.
On a 1099 loan, lenders use your gross 1099 income — not your taxed net. Write-offs matter less here.
Yes, typically. Non-QM pricing reflects added flexibility. Rates vary by borrower profile and market conditions.
Expect 10-20% minimum. Higher loan amounts may require more down depending on the lender.
Yes. Several non-QM lenders allow it. Expect stricter terms than a primary residence purchase.