Did you know that 1099 contractors should be preparing their finances at least 2 years in advance of buying a home to qualify successfully, compared to their W-2 counterparts who could qualify right away? This startling fact underscores the significant challenges facing contractors in the mortgage qualification process—a challenge Revve is committed to addressing head-on.
In our pursuit of inclusive homeownership opportunities, we’re thrilled to announce a significant milestone: the onboarding of our first customer for a three-month trial period. This marks the beginning of a collaborative effort to empower individuals on their path to homeownership.
Through our platform, we’re developing a robust marketplace that connects highly qualified applicants with expert mortgage lenders who understand and empathize with the unique financial landscapes of contractors. Unlike outdated mortgage processes, our platform offers in-depth personalized financial insights, proactive risk alerts, and tailored guidance based on their secure, real-time financial data, all accessible through seamless integration via open banking APIs. By leveraging advanced technology and data analytics, we’re able to streamline the mortgage qualification process and increase access to homeownership opportunities for contractors and W-2 workers nationwide.
Building a Personalized Roadmap to Success
At Revve, our mission is to provide comprehensive support and guidance to help you achieve your dream of homeownership. During the onboarding process, we’ll work closely with you to understand your unique needs and goals. Together, we’ll craft a personalized roadmap that outlines the steps needed to secure your first mortgage and purchase your dream home.
Clear Communication and Ongoing Support
Communication is critical to success, which is why we prioritize clear and transparent communication throughout our partnership. No more hurry up and wait in trying to qualify with traditional lenders. Our team will be readily available to answer any questions, address concerns, and provide regular updates on progress. We want you to feel informed and empowered every step of the way. At Revve, the homeowner is the centerpiece to the home buying process, and we work tirelessly to ensure their experiences are valued above all else.
I invite you to take the first step towards homeownership by filling out our mortgage qualification questionnaire specifically designed for 1099 contractors.
This questionnaire will help us better understand your unique financial situation and tailor our services to meet your needs.
Additionally, we would be delighted to schedule an informational interview to discuss strategies for successfully qualifying for a loan as a contractor.
Schedule a consultation and email carol@revve.io to take your first step to mortgage success.