1099 Income Loans in Phoenix AZBuy a Home Using Your 1099 Income, Not Complicated Tax Returns
Work for yourself and get paid on a 1099 instead of a W-2? You've probably been told by a big bank that your income is too hard to document, or that your write-offs make you look like you don't earn enough. That's frustrating, and it's not the whole story. A 1099 income loan lets independent contractors, gig workers, and self-employed Phoenix borrowers qualify using their actual 1099 earnings, not the trimmed-down number on your tax return. I'll look at how you really get paid and match you with a program built for people like you, so your hard work counts toward the home you want.
- 10+ Years Experience
- 1000+ Families Helped
- $500M+ in Loan Volume Closed
- Backed by the Nation's #1 Mortgage Brokerage
- License NMLS# 1455718
When You Need 1099 Income Loans
This program is made for the way a lot of Phoenix people actually earn a living. If you're a real estate agent, insurance producer, rideshare or delivery driver, consultant, freelancer, traveling nurse, sales rep, or trades contractor who receives 1099s, a traditional mortgage can feel like it's built to shut you out. The problem is usually that you write off a lot of legitimate business expenses, which lowers your taxable income and makes standard qualifying tough. A 1099 income loan solves that by using your gross 1099 income, often over the past year or two, instead of your net after deductions. It's also a good fit if you've recently gone independent, mix 1099 and other income, or have been turned down elsewhere. If your bank said no because of how you're paid, this is likely your yes.
Our 1099 Income Loans Process
Working with me is simple and quick. We'll start with a 15-minute call or text where you tell me how you get paid and what you're trying to buy. I run a soft credit check up front, so it won't hurt your score while we look at options. In most cases I can get you a same-day pre-approval so you can shop and make offers with confidence. My AI-powered document tools make it easy to upload your 1099s and bank statements from your phone, no printing or faxing. Then I shop dozens of lenders who specialize in self-employed and Non-QM borrowers to find the best rate and terms for your situation. These loans often close in about 30 days, right in line with a standard purchase. I keep you updated the whole way, so you're never left wondering where things stand.
1099 Income Loans Cost in Phoenix
Because a 1099 income loan is a specialized program, the rate and cost depend on your credit, your down payment, how many years of 1099s you can show, and the property itself. Pricing is usually a bit different from a conventional loan since the lender is using an alternative way to document your income, but for many self-employed Phoenix buyers it's the difference between owning and renting. I'll give you a written breakdown of the rate, monthly payment, and every closing cost before you commit, so nothing sneaks up on you at signing. No junk fees, no bait-and-switch. And because I compare offers from multiple lenders, I can steer you toward the program with the best overall value, not just the first one that says yes.
Why Choose Us
Self-employed and 1099 borrowers are some of my favorite people to help, and I've closed these loans all across Phoenix, Mesa, Scottsdale, Chandler, Gilbert, and Tempe. Ten years in the business and 50-plus five-star reviews from real Valley homeowners. I shop dozens of lenders, including Non-QM specialists, to find you the lowest rate, a regular bank only offers its own narrow guidelines. You'll always know what I'm doing and why. Same-day response on every text and call. If another lender turned you down because of how you're paid, bring me your scenario and I'll work to find a way to get you approved.
Mark Fazio made getting a hard money loan for my investment property in Phoenix incredibly easy. He explained all of my options, kept me updated throughout the process, and got us to the closing table quickly. I highly recommend Mark and his team to any real estate investor looking for financing.
Mark was fantastic to work with throughout our home purchase in Oklahoma. He was responsive, knowledgeable, and helped us overcome every obstacle that came up during the process. He made everything smooth from start to finish, and we truly appreciated his communication and professionalism. Highly recommend.
Mark was recommended by my Mortgage Broker in California and he was great. Made the whole process easy. Glad he was recommended to me.
Ready to Get Started?
Don't let 1099 income keep you from owning a home in Phoenix. Let's look at your real numbers and get you pre-approved today. Call or text Mark at (480) 690-9790.
For more ways to buy a home in Phoenix, see all of our Mortgage Broker programs.
Reviewed by
Mark Fazio, Licensed Mortgage Loan Officer
NMLS #1455718 · Barrett Financial Group (NMLS #181106) · Phoenix, AZ
Mark Fazio is a licensed Phoenix mortgage broker with 10+ years of experience and over 1,000 home loans closed. He shops dozens of lenders to find the lowest rate on purchase, refinance, and specialty loans, and personally guides every client from the first call through closing.