Question 1

Can I use just one year of 1099s to qualify?

Accepted Answer

Some lenders accept one year if your income is strong. Two years gives you more options and better pricing.

Question 2

Do 1099 loans cost more than conventional loans?

Accepted Answer

Yes, non-QM loans carry higher rates than conventional. Rates vary by borrower profile and market conditions.

Question 3

What if my income varies month to month?

Accepted Answer

Variable income is expected with 1099 earners. Lenders average your income over 12-24 months to qualify you.

Question 4

Can I buy in Healdsburg with 10% down on a 1099 loan?

Accepted Answer

Some programs allow 10% down. A larger down payment often improves your rate and approval terms.

Question 5

Does SRK CAPITAL work with 1099 borrowers in Sonoma County?

Accepted Answer

Yes. We work with 200+ wholesale lenders and regularly place 1099 borrowers across Sonoma County.

1099 Loans in Healdsburg for Independent Earners