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Mortgage Loans for 1099 Employees: How to Get a Mortgage When You’re Self-Employed

Traditionally, self-employed individuals — also referred to as 1099 employees — have faced challenges in securing a mortgage loan to finance the purchase of a home or refinance an existing mortgage loan. But now, the increased pervasiveness of self-employment and the gig economy have influenced lenders’ attitudes to make mortgage loans for 1099 employees easier to access.

Overcoming Mortgage Challenges: A Guide for 1099 Contractors

From fluctuating income to documentation requirements, navigating the mortgage process can feel daunting. However, with careful planning and strategic steps, you can overcome these challenges and turn your homeownership aspirations into reality.