Get $75K - $3 Mil

Mortgage Loan Programs based on 1099 Income

Residential & Commercial Properties

Get Mortgage based on Your

1099 Income

Purchase, Refinance, Cash Out,

Rehab, or Debt Consolidation

1st Position Loans

Up to 90% Loan to Value

500+ Credit Accepted

No Tax Returns or W2

No Prepayment Penalty

Fast, Easy & Quick Approval

Get Funding in 20 - 30 Days

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(951)-254-3712

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Mortgage Loan Program for Self Employed

check  500+ Credit Required

check  No Tax Returns or W2

check  Need 2 Years of 1099 Form

check Or 12 or 24 Months Statement

check BK, Short Sale & Foreclosures OK

check  Owner Occupied & Non Owner Occupied

check  1st Mortgages Liens only

check  LTV (Loan to Value) up to 90%

check  Up to 80% for Cash out

check  Up to 85% for Refinance

check  Interest Rates Starting at 4.75%+*

check  Terms from 5 Years to 30 Years

check Loan Fees 1-3 points

check  Call for details

*Rate, Terms, Fees are depended on the loan amount, loan to value, lien position, property type, location, purpose of loan, borrower ability to pay, credit etc.

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1099 Income & Bank Statement Mortgage Loan Program

We offer bank statement loan program and 1099 Income based loans for Independent contractor, working on commission basis, freelancer, artist or other professional working as self employed sole proprietor receiving 1099 as proof of income.

1099 form is a series of documents the Internal Revenue Service (IRS) refers to as "information returns." There are a number of different 1099 forms that report the various types of income you may receive throughout the year other than the salary your employer pays you. The person or entity that pays you is responsible for filling out the appropriate 1099 tax form and sending it to you.

A sole proprietor is a one-person business that is not registered as a business entity (corporation, LLC, LLP, partnership, etc.). Sole proprietors are usually not required to be registered; if you’re doing business as a one-person operation and are tracking the business income and expenses separately from your personal expenses and other income, you’re a sole proprietor.

An independent contractor is a person who does contract work for existing companies not as an employee, but independently under contract. Independent contractors receive 1099 MISC forms for income tax purposes rather than W-2s, like employees receive.

Bank statement loan program can be used for Purchase, Refinance, Cash Out, Debt consolidation. Borrower can either use their personal bank statement or business bank statement to qualify for the loan. Bank statement loan program are for any self-employed business owner, bank statement loans program works good with borrowers who earn seasonal income such as consultant, promoter, tax-preparer, freelancer, artist or other professional with an irregular income stream.

How does Bank Statement Loan Program work?
Bank statement loan program is very Simple. Instead using tax returns, W-2s, or proof of regular payroll checks, we base our income lending decision on your bank statements deposits.

We Provide Bank Statement Loan programs for self employed borrowers in Riverside, San Bernardino, Inland Empire, Los Angeles, Orange County, San Diego County, Fresno, Bakersfield, San Francisco , San Jose, and all of California.

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Personal Bank Statement Loan Program

How does the personal bank statement loan program works?
As a self employed borrower you can use 100% of your deposit as income.

Add all deposits for all 12 or 24 months and divide that amount by 12 or 24 respectively to receive the monthly income amount we will apply as the borrower’s qualifying income.
Example. 24 months deposits total = $200,000 / 24 = $8,333 a month income.
Example. 12 months deposits total = $100,000 / 12 = $8,333 a month income.

Business Bank Statement Loan Program

How does the business bank statement loan program works?
As a self employed borrower you can use 50% of your deposit as income.

Add all deposits for all 12 or 24 months, divide by 2, and then divide by 12 or 24 respectively to receive the monthly income amount we will allow for the borrower.
Ex. 24 month deposit total = $500,000 / 2 = $250,000 / 24 = $10,333 per month income. Only 50% is used because we have to assume the business has overhead.

1099 Income based Mortgage Loan Program

How does the 1099 Income Mortgage loan program works?
As a self employed borrower you can use 100% of your 1099 income to Qualify.

Borrower just need to show last 2 years of 1099 Form.

Verbal verification of Accuracy of 1099 Income

Proof that borrower has been self employed for last 2 years.

Stated Income No Doc Loans – No Income Verification Loans

Hard money lenders & Investors also provide Stated Income Loans. Stated income loans allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs or tax returns. Stated income mortgage loan are mostly used by self employed borrowers. In some cases lender would ask for bank statements to support the stated income.

A SIVA loan, or stated income/verified asset loan, allows you to state your monthly gross income on the loan application and requires you to verify your assets by furnishing bank statements or a similar asset document.

A SISA loan, or state income/stated asset loan, allows you to state both your monthly gross income and your assets on your mortgage application. So in this case, both items are simply stated, and the bank or lender will not ask you to verify the information. Stated Income loan lenders are mostly used by self employed borrower or for business purpose loans

We also provide Equity Based Commercial loans & financing. We also have stated income commercial loans, No income commercial loan programs. A Commercial loan is a mortgage loan secured by commercial property, such as an office building, mixed use property, commercial buildings, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, rehab or redevelop commercial property.

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We provide 1099 Income based mortgage program in the city of Banning, Beaumont, Blythe, Calimesa, Canyon Lake, Coachella, Corona, Desert Hot Springs, Eastvale, Hemet, Indian Wells, Indio, Jurupa Valley, Lake Elsinore, La Quinta, Menifee, Murrieta, Norco, Palm Desert, Palm Springs, Perris, Rancho Mirage, San Jacinto, Temecula, Wildomar,Adelanto, Apple Valley, Barstow, Big Bear Lake, Chino, Chino Hills, Colton, Crestline, Fontana, Grand Terrace, Hesperia, Highland, Joshua Tree, Lake Arrowhead, Loma Linda, Lucerne Valley, Montclair, Needles, Ontario, Rancho Cucamonga, Redlands, Rialto, Running Springs, Twentynine Palms, Upland, Victorville, Wrightwood, Yermo, Yucaipa, Yucca Valley, Aliso Viejo, Anaheim, Brea, Buena Park, Costa Mesa, Cypress, Dana Point, Fountain Valley, Fullerton, Garden Grove, La Habra, La Palma, Laguna Beach, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Mission Viejo, Newport Beach,  Orange, Placentia, Rancho Santa Margarita, San Clemente, San Juan Capistrano, Santa Ana, Seal Beach, Stanton, Tustin, Villa Park, Westminster, Yorba Linda, Agoura Hills, Alhambra, Arcadia, Artesia, Azusa, Baldwin Park, Bell, Bell Gardens, Bellflower, Beverly Hills, Bradbury, Burbank, CalabasCarson, Cerritos, Claremont, Commerce, Compton, Covina, Cudahy, Culver City, Diamond Bar, Downey,    Duarte, El Monte, El Segundo, Gardena, Glendale, Glendora, Hawaiian Gardens, Hawthorne, Hermosa Beach, Hidden Hills, Huntington Park, Industry, Inglewood, Irwindale, La Canada-Flintridge, La Habra Heights, La Mirada, La Puente, La Verne, Lakewood, Lancaster, Lawndale, Lomita, Long Beach, Los Angeles, San Jose, OaklandBakersfield, Santa Ana, Riverside, Stockton, Seattle, San Francisco, San Bernardino, Modesto, Fremont, Fontana, Palmdale, Oxnard, Ventura, Moreno Valley, Merced, Glendale, Huntington Beach, Irvine, Garden Grove, Orange County, Anaheim, Lynwood, Malibu, Manhattan Beach, Maywood, Monrovia, Montebello, Monterey Park, Norwalk, Palos Verdes Estates, Paramount, Pasadena, Pico Rivera, Pomona, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates, Rosemead, San Dimas, San Fernando, San Gabriel, San Marino, Santa Clarita, Santa Fe Springs, Santa Monica, Sierra Madre, Signal Hill, South El Monte, South Gate, South Pasadena, Temple City, Torrance, Vernon, Walnut, West Covina, West Hollywood, Westlake Village, Whittier, San Diego, Chula Vista, Oceanside, Escondido, Carlsbad, El Cajon, Vista, San Marcos, Encinitas, National City, La Mesa, La Jolla, Fresno.
We also provide loans & Financing for the following property type;
Apartment Building Loans, Auto Body Repair Shop Loans, Auto Dealership, Anchored Strip Center Loans, Assisted Living Facility Loans, Bowling Alley Loans, Car Wash Loans, Church Loans, Commercial Warehouse Loans, Construction, Convenience Store Loans, Condominium, Congregate Care Facility, Day Care Center Loans, Dental Office, Fitness Center Loans, Funeral Home Loans, Garden Apartment Loans, Gas Station Loans, Golf Course Loans, Health Club, Healthcare Financing, Hotel Loans, Industrial Property Loans, Marina Financing, Medical Office Loans, Mini Storage Loans, Mixed-Use Loans, Motel Loans, Mobile Home Park Loans, Manufactured Homes, Multi-Family Homes, Nursing Home Loans, Office Building Loans, Restaurant, Retail, Rental Property Loans, SBA Loans, School, Self Storage Loans, Senior Housing Loans, Veterinary - Animal Clinic Animal Hospital, Warehouse Loans.

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vfindloans.com  1307 West 6th Street # 219, Corona CA 92882  *  Tel: 951-254-3712  *  Fax: 951-710-6411

Business Hours: Monday thru Friday 9:00 am - 5:00 pm