Secure Your Financial Future With 1099 Loans

Are you a self‑employed professional or independent contractor seeking financial flexibility? Ameritrust Mortgage offers tailored 1099 loans designed to meet your unique needs. We understand the challenges faced by those with non‑traditional income sources and provide innovative lending solutions to help you achieve your financial goals.

• Quick same‑day free estimates
• English and Spanish‑speaking staff
• Interpreters available if needed
• Non‑Qualified Mortgage Lending
• DSCR Loan options
• Fast and knowledgeable service
• NMLS #217229
• Established in 1986

Don’t let your employment status hold you back from obtaining the financing you deserve. Reach out to us at Ameritrust Mortgage today to explore your 1099 loan options.

What Is a 1099 Mortgage Loan?

A 1099 mortgage loan is a type of Non‑QM (non‑qualified mortgage) designed for borrowers who earn income reported on 1099 forms rather than W‑2s. These loans use alternative income documentation and are still subject to Ability‑to‑Repay (ATR) requirements. They offer flexibility for borrowers whose income may not fit traditional underwriting guidelines.

Signs You May Qualify for a 1099 Loan

Traditional lending criteria don’t always align with the financial realities of self‑employed individuals. You may be a strong candidate for a 1099 loan if you have:

• Fluctuating or seasonal income patterns
• Limited documentation of steady employment
• Difficulty qualifying for conventional mortgages
• A need for flexible income verification
• Business income you want to leverage for a home purchase
• Multiple income sources or side gigs
• A recent transition to self‑employment
• A desire to refinance an existing property as a self‑employed borrower

If any of these situations resonate with you, Ameritrust Mortgage’s 1099 loan programs could help unlock your financial potential.

Who This May Benefit

1099 loans are ideal for:

• Independent contractors
• Gig‑economy workers
• Sole proprietors
• Freelancers
• Consultants
• Self‑employed professionals with variable income

How Qualification Works

Instead of relying on W‑2s or tax returns, qualification may include:

• Averaging income from recent 1099 forms
• Using bank statements as supporting documentation
• Reviewing credit history and financial reserves
• Evaluating overall financial stability under ATR guidelines

Documents You May Provide

Depending on your situation, you may be asked for:

• Recent 1099 forms
• Bank statements
• Profit & Loss statements
• Asset statements
• Business documentation (if applicable)

Why You Might Need a 1099 Loan

In today’s gig‑driven economy, traditional lending often falls short for independent professionals. A 1099 loan can help you:

• Overcome traditional lending barriers
• Capitalize on investment opportunities
• Consolidate high‑interest debt
• Fund business expansion or equipment purchases
• Secure a home loan despite non‑traditional income
• Access funds for unexpected expenses
• Leverage your earning potential without W‑2 constraints
• Build credit as a self‑employed individual

Our experienced team is here to guide you through the process and help you find a solution aligned with your financial goals.

Key Considerations

When exploring 1099 loans, keep in mind:

• Rates and terms may vary from traditional mortgages
• Some programs may require a larger down payment
• ATR (Ability‑to‑Repay) assessment is still required
• Documentation requirements may differ from lender to lender

Related Loan Options

Depending on your income structure, you may also benefit from:

• Bank Statement Loans
• P&L‑Only Loans
• Self‑Employed Mortgage Programs

Contact Us

Take the first step toward financial empowerment with Ameritrust Mortgage’s 1099 loan options. Our knowledgeable team is ready to provide personalized guidance whether you’re purchasing a new property, refinancing, or exploring alternative financing solutions.

Don’t let traditional lending constraints hold you back. Contact us today to discover how Ameritrust Mortgage can help turn your financial goals into reality.