Question 1

Do I need two years of 1099s to qualify in Hesperia?

Accepted Answer

Most lenders want two years. Some will work with 12 months if your income is strong and consistent.

Question 2

Can I use both W-2 and 1099 income together?

Accepted Answer

Yes. Lenders can blend income types. Your file gets reviewed as a whole picture.

Question 3

What credit score do I need for a 1099 loan?

Accepted Answer

Most programs start at 620. Higher scores get better rates — rates vary by borrower profile and market conditions.

Question 4

Is a 1099 loan the same as a stated income loan?

Accepted Answer

No. You still document your income — just with 1099s instead of W-2s. Income is verified, not stated.

Question 5

How much do I need to put down on a 1099 loan in Hesperia?

Accepted Answer

Expect 10-20% down depending on your credit and income profile. Lower down payments require stronger files.

1099 Loans in Hesperia — Built for Independent Earners