1099 Loan
The 1099 mortgage option from Grace Modern Mortgage is designed for independent contractors and self-employed individuals, utilizing their 1099 tax forms to assess income and determine eligibility for a home loan
1099 Mortgage Option
If you're an independent contractor or self-employed, the 1099 mortgage option could be ideal for you. Instead of the traditional W-2 form, this option allows you to use your 1099 tax forms to prove your income. Grace Modern Mortgage will evaluate your tax documents, typically from the past two years, to assess your earnings and determine your eligibility for a home loan. With this option, you can avoid the hurdles of traditional income verification, making the home-buying process smoother for self-employed individuals.