Wednesday, October 21st, 2026 at 6:28pm
Bank Statement or 1099 Underwriting
Our bank statement program allows us to use 12 or 24 months of bank statements in lieu of tax returns to calculate income. This can be a helpful alternative for self-employed purchasers! Or Our 1099 program program allows us to utilize 90% of 1099 income, rather than analyzing tax returns to determine expenses and net profit. This is a conventional 30-year fixed loan and is available starting with a 10%+ down payment. 1-2 years+ of being in business, self-employed, is required. It's allowable to provide either 12 months of bank statements to document business income, or 24 months. 24...
Read More