I'm looking into purchasing, but I am a 1099 employee. Can I still get a loan if my income is good?

Yes u can call me at 586-726-8478 to go over detsils

Yes. An average of your past two years adjusted gross income from your Schedule C from your federal tax return will be used to qualify you. Please email or text me a copy of your schedule C for 2014 and 2015 and I can take a look. Jim@LoanJim.com or 810-444-0024.

We would use two years tax returns to determine your income.For a free pre-approval call Jack at 734-395-9027.

Not a problem - looks like you have lots of offers for help. Union Home Mortgage works well with self-employed borrowers like yourself. If you'd like me to review your qualifications and help you choose the best loan product, I'd be happy to. Mike Silkworth (517) 489-2328

As long as you show income on your filed tax returns and the adjusted gross income is enough to qualify to purchase......we all will basically take the last 2 years of adjusted gross income added together and divided by 24 months....it is a little more involved than just this, but of course you can at least look into it and see what you can comfortably qualify for. Any of us here can help you out....

Yes.. Lending rules require at least 1 to 2 years 1099 income to qualify.. if your year over year income is increasing, then they will use a 2 year average to determine your qualifying income.. if your year over year income is declining, then they will use the current year's declining income for qualifying purposes.. The fact that you are paid by 1099 does not in itself disqualify you from obtaining financing, it's just that most people who get paid 1099 can write off a lot of stuff, and will typically show very little "Adjusted Gross" income (AGI) and it's the AGI that the lender must use for qualifying. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347