1099 Mortgage Loans Made Easy for Self-Employed Texans
If you’re a freelancer, contractor, gig worker, or business owner in Texas, qualifying for a traditional mortgage can feel like a dead end. But it doesn’t have to be. 1099 mortgage loans are built specifically for self-employed borrowers like you, those earning non-traditional income through 1099 forms instead of W-2s.
With a 1099 home loan, you can get approved based on your actual income activity, using alternative documentation like bank statements or profit and loss statements instead of tax returns. It’s a smarter, more flexible way to get the keys to your next home.
What Is a 1099 Mortgage Loan?
A 1099 mortgage loan is an alternative documentation loan designed for self-employed borrowers who receive 1099 income. Instead of relying on W-2s or full tax returns, lenders verify your income through bank statements, 1099s, or profit and loss statements.
This program is ideal for entrepreneurs, freelancers, real estate agents, consultants, and others whose income doesn’t follow a traditional employment model.
Are You a Good Fit for a 1099 Loan?
You’ve received 1099 income for at least 12–24 months.
You are self-employed, a gig worker, or an independent contractor.
You have difficulty qualifying with W-2s or tax returns.
You maintain solid credit and have enough for a down payment.
Why Choose a 1099 Loan?
1099 mortgage loans come with a range of benefits tailored to your needs:
- No W-2s or tax returns required.
- Bank statements or P&L statements are accepted.
- Faster and more flexible underwriting.
- Custom loan terms and competitive interest rates.
- Ideal for self-employed and seasonal earners.
These loans are designed to understand your true financial potential, without penalizing you for how you earn.
You’ve built your career on independence—now finance your home the same way. Our 1099 mortgage programs are designed to help self-employed borrowers like you qualify on your terms.
Let’s turn your business success into homeownership. Reach out today to explore your loan options, get prequalified, or apply online with confidence.
Loan Options Tailored to Self-Employed Borrowers
We offer a variety of 1099 loan programs to match your specific needs:
- Home Purchase Loans: Buy your primary residence, second home, or investment property.
- 1099 Refinance Loans: Lower your interest rate or change loan terms.
- Cash-Out Refinance: Tap into your home equity without traditional income documentation.
- Investment Property Financing: Qualify using your self-employed income profile.
No matter your goals, there’s a 1099 loan program designed to help you achieve them.
1099 Mortgage Loan Requirements
To get started with a 1099 mortgage loan, you’ll typically need:
- 12 to 24 months of 1099 income documentation;
- Bank statements, P&L statements, or both;
- A credit score of 620+ (higher scores may receive better terms);
- A 10–20% down payment, depending on the loan type and lender.
Our team can help determine exactly what you need and guide you through the process.
Apply for a 1099 Home Loan
1099 Loan FAQs
Yes. Many lenders offer programs that use 1099s, bank statements, or profit and loss statements to verify income.
That’s common for self-employed individuals. Lenders will evaluate average income over time, typically 12–24 months.
It’s helpful but not always required. Some lenders accept self-prepared P&L statements, especially when supported by bank statements.
Rates may be slightly higher due to added risk, but we work to offer competitive options based on your financial profile.
Typically, 1099s, business bank statements, identification, and credit verification. We’ll provide a checklist during your application.
Apply for a 1099 Home Loan
Call us today at (713) 999-6151 to speak with our Home Loan Specialists about a 1099 mortgage loan.
What are customers saying?
Trustindex verifies that the original source of the review is Google. I want to take a moment to express my sincere gratitude for the outstanding customer service provided by Jason Turner. His extensive knowledge and willingness to help were truly remarkable. Jason went above and beyond to assist me in successfully purchasing my dream home, and his support really made a difference for me. I feel fortunate to have had him by my side throughout this journey.Posted on Google Breon WatsonTrustindex verifies that the original source of the review is Google. 10 Stars to Jason Turner and his team at Texas Mortgage Pros! Jason was very helpful and straightforward in explaining the process from start to finish. He was prompt to answer all our queries and concern. Everything was well explained that made our decision to go with Mortgage Pros a breeze. The process was definitely scary at the beginning, changing a lender company just few weeks from closing our house, but Jason helped us lower our closing cost and was able to broker a lender with lower interest rates which every home owner needs. Jason and his team really did a great job! They deserve 10 gold stars!!! From Alcalde Family, we appreciate you Jason and the rest of your team. :-)Posted on Google Ronald AlcaldeTrustindex verifies that the original source of the review is Google. These guys were recommended from realtors. They went above and beyond and even answered questions for us outside of normal business hours. Very smooth process. If the need ever arises for a mortgage broker again we will definitely be using Jason and his team. I would also recommend them to anyone who needs a broker.Posted on Google Kelli YoungbloodTrustindex verifies that the original source of the review is Google. Jason was incredibly helpful and patient throughout the entire process. He went above and beyond to work around my schedule, making everything so much easier. Highly recommend his services!Posted on Google Traci PoulterTrustindex verifies that the original source of the review is Google. Brett Pippenger was absolutely fantastic and was 100% professional each step of the way. It was a fairly complicated transaction and he exhibited patience and provided expertise when required. Would definitely recommend.Posted on Google Richard MuellerTrustindex verifies that the original source of the review is Google. I had the pleasure of working with Jason Turner as my mortgage broker, and From start to finish, Jason provided exceptional service, making the entire process seamless and stress-free. He was always available to answer my questions and explained every step with clarity. His expertise and professionalism truly set him apart. Thanks to Jason, I secured a great mortgage deal, and I’m extremely satisfied with the outcome. Highly recommend his services to anyone in need of a reliable and knowledgeable mortgage broker!Posted on Google Adnan QureshiTrustindex verifies that the original source of the review is Google. We worked with Jason and Liesel at Texas Mortgage Pros and they were fantastic! We had quite the interesting process and went from attempting to purchase land to finding our dream home, and they helped every step of the way! They were extremely knowledgeable and made the stressful process stress-free and exciting! Highly recommend.Posted on Google Misty StatumTrustindex verifies that the original source of the review is Google. If you need a mortgage lender, look no further. Jason and Liesel are the two best in the business. From making you feel comfortable and confident throughout the process all the way to getting the best rates possible and a payment that truly works. I cannot express enough how happy I am with this team.Posted on Google Josh VogelTrustindex verifies that the original source of the review is Google. First time buyer. Nobody want it to help until I met Jason. He was GREAT. AMAZING. he help me with my loan for my new house. He’s the BEST. Thanks Jason 😉Posted on Google Rosie TamezTrustindex verifies that the original source of the review is Google. Jason was very easy to work with. He's very detail oriented, extremely fast to respond to all of my phone calls and messages and quick to give rates. He was a pleasure to work with.He gave options with different scenarios.His numbers were very accurate. I Would recommend him to all of my family members,Friends and coworkers wanting to buy a house.Posted on Google Matt Simon
