Independent contractor? Qualify on your 1099s — without the write-offs that shrink your tax-return income.
If you're paid on 1099s — contractors, gig workers, commissioned reps, solo professionals — your tax returns often understate what you really earn after deductions. A 1099 loan qualifies you straight from your 1099 income, with no tax returns required on qualifying programs.
As a brokerage, we line up the 1099 and profit-and-loss programs across our lender network that read your income most favorably.
Qualify on 1 or 2 years of 1099s instead of net tax-return income.
Real-estate agents, sales reps and consultants paid on production.
Steady 1099 income from one or more platforms.
Business-purpose (investor) loans only — not consumer mortgages. Availability is lender- and state-specific and subject to change; ask us about your state.
We arrange business-purpose (investor) loans — DSCR, hard money, bridge and commercial — in: Alaska, Alabama, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, West Virginia, Wyoming.
A 10-minute call or the contact form: how you're paid, your goals, and the property. No credit pull to start.
As a brokerage we match your file to specialty lenders built for it — not one bank's single guideline.
You get a clear path: the program, the documents, and the timeline, with a licensed loan officer on your file.
We manage underwriting to the finish line and hand you off to a smooth closing day.
Lenders typically use your gross 1099 income with an expense factor, over one or two years. We'll estimate your qualifying income before you apply.
Many programs accept one year; some want two. We'll match you to the right one.
That's fine — we can blend income sources on many programs.
They're cousins. 1099 loans read your 1099s; bank statement loans read deposits. We'll use whichever qualifies you for more.
“When I was faced with the most challenging deal of my career, Atlantic Mortgage found a way to make it happen. They went way out of their way to help my buyer… we weren’t just another file.”
— Joe H., real estate agent“Second time using Mike for our mortgage process — by far the best person to handle it, answer any question, and make the entire experience stress-free!”
— Heather S.“As our mortgage broker he was exceptional. Every step of the way he explained everything clearly, was very responsive, and patient with us as first-time home buyers.”
— Vanessa S.Tell us your scenario and a licensed loan officer — not a call center — will follow up, usually the same day. No credit pull to start.
All loans are subject to credit approval and program guidelines; availability varies by program.
Start a secure application online, or call our Wakefield office — a licensed loan originator answers, not a call center.