1099 PROGRAM Independent Earner
We know that being self-employed comes with incredible freedom—but when it comes to getting a mortgage, it can sometimes feel like the odds are stacked against you. That’s why we’re excited to introduce the Freedom 1099 Loan, designed specifically for 1099 earners who may not qualify for a traditional full-doc mortgage. With this program, we use your most recent 1099 statements from one to two years ago—no tax returns required! That means your real earnings, not just what's reported on tax forms, help qualify you for a home loan.
Program Highlights:
Up to 90% loan-to-value (LTV) — less money down!
Available for primary residences, second homes, and investment properties Purchase, rate & term, and cash-out refinance options available
Credit scores as low as 660 FICO accepted No tax returns required —just 1099s and a YTD earnings statement or bank statements
40-year interest-only option for lower monthly payments
DeAnn Ellis Davidson Senior Mortgage Consultant NMLS# 148916 | GA MLO# 25670 155 Bankers Boulevard, Unit I-200, Monroe, GA 30655 Office: 855-ELEMENT Cell (770) 616.8042 EllisMortgageTeam.com DeAnnEllis@elementhl.com
Equal Housing Lender. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to- Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. Equal Housing Lender. MLO licensing information: AL AL FL LO117378 GA 25670 SC MLO-148916 TN 148916 . NFM, Inc. d/b/a NFM Lending. For NFM, Inc.’s full agency and state licensing information, please visit www.nfmlending.com/licensing. NFM, Inc.’s NMLS #2893 (www.nmlsconsumeraccess.org). NFM, Inc. is not affiliated with, or an agent or division of, a governmental agency or a depository institution. © 2025 NFM, Inc. dba NFM Lending. America’s Common Sense Lender® Trade/service marks are the property of NFM, Inc. and/or its subsidiaries. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. nfmlending.com.
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