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San Juan Bautista sits in San Benito County, where agriculture, tourism, and small business drive a lot of local income. Many earners here file 1099s, not W-2s.
Standard loan programs reject borrowers whose tax returns show write-offs. A 1099 loan reads your actual income — not what's left after deductions.
620+
Min Credit Score
10–20%
Down Payment
1–2 Years
Income History Needed
1099 Forms
Income Doc Type
Non-QM
Loan Category
1099 Loans in San Juan Bautista
Lenders use your 1099 forms — typically 1 to 2 years — to calculate qualifying income. No tax returns required on most programs.
Credit score minimums usually start at 620. Expect to put down 10–20% depending on the lender and your income history.
Local decision guide
Use this guide to connect 1099 loans eligibility, lender expectations, and local market factors before comparing payment options in San Juan Bautista.
San Juan Bautista sits in San Benito County, where agriculture, tourism, and small business drive a lot of local income. Many earners here file 1099s, not W-2s.
Standard loan programs reject borrowers whose tax returns show write-offs. A 1099 loan reads your actual income — not what's left after deductions.
Lenders use your 1099 forms — typically 1 to 2 years — to calculate qualifying income. No tax returns required on most programs.
Big retail banks rarely offer 1099 loans. This product lives in the wholesale and non-QM lending space.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means we can shop programs most borrowers never see on their own.
The most common mistake I see: borrowers apply at a big bank, get denied, and assume they can't buy. That's not the case.
1099 income is predictable to underwriters when it's consistent. Two years of steady 1099 earnings is a strong file.
Bank Statement Loans use 12–24 months of deposits instead of 1099s. If your business has heavy expenses, that program may show higher income.
Profit & Loss Statement Loans work well for sole proprietors with a CPA. Each program fits a different income profile — the right one depends on your paper trail.
San Juan Bautista has a tight housing inventory. When you find a property, you need a loan that closes — not one that falls apart in underwriting.
Non-QM loans like this one can take slightly longer to underwrite than conventional. Get pre-approved before you start shopping.
Most lenders want 2 years, but some accept 1 year with strong compensating factors. Consistency matters more than length alone.
Yes. Lenders add up all 1099 income from any source. Just document each one clearly.
Lenders average your 1099 earnings over 1–2 years. They use gross income, not your taxable income after deductions.
Yes, typically. Non-QM loans carry more risk for lenders, so rates run higher. Rates vary by borrower profile and market conditions.
Yes. There are no geographic restrictions. The property just needs to meet standard appraisal and title requirements.
A single down year isn't automatic disqualification. Lenders look at trends — explain it with documentation if needed.