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A Home Loan Solution for Self-Employed Workers

  • No Tax Return or W2? No Problem - Smart options for self-employed borrowers
  • Qualify with 12 months of 1099-NEC with same employer - 100% of 1099 income considered.1
  • 10% down payment with no mortgage insurance option available.2
  • Flexible Underwriting - Our in-house team simplifies the process from start to finish.
  • $175,000 minimum loan amount / 700 minimum credit score1

NASB is a national leader in the Non-QM lending space. Our experienced loan officers are ready to help you compare options.

888-661-1963

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Struggling to Qualify for a Traditional Mortgage?

If you are self-employed or an independent contractor and have difficulty qualifying for a conventional mortgage loan, a 1099 home loan from NASB may be the solution. NASB is a leading national lender specializing in loans for the self-employed. With our 1099 mortgage loan, we can look at 100% of the income from your 1099-NEC statements for qualifying instead of tax documents to verify your income.1

1099 mortgage loans may be an excellent option for:

  • Self-employed individuals
  • Independent Contractors
  • Consultants
  • Realtors
  • Freelancers
  • Entrepreneurs
  • Gig economy workers
  • Truck drivers
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Not Sure What You Need? Let’s Talk.

If you’re unsure which product is right for you, our non-QM loan experts are here to guide you. There's no one-size-fits-all in lending, and that’s especially true if you’re self-employed. We’ll work together to find a solution that fits your unique income structure, lifestyle, and long-term goals.

888-661-1963


11099 loans require a minimum 700 FICO score, a minimum loan amount of $175,000 (exceptions include mortgage products for properties located within the Greater Kansas City metro and surrounding areas), and a 20% down payment. A lower FICO score or down payment may be available with eligible compensating factors. Must have a two-year history in the same line of work. Contact a NASB Loan Officer for details on the excluded areas and/or zip codes. The product is not available in New York, the Chicago, or Baltimore metropolitan areas and not in all locations or for all property types. Loans are subject to underwriting, eligibility criteria, and other factors. Your Loan Officer will provide more information regarding 1099 loans and what may work best for your situation.

210% minimum down payment with no mortgage insurance required requires a minimum 740 credit score, no prior bankruptcy, and a 12-month housing history. Otherwise, borrowers need a minimum credit score of 700 and a 10% down payment with approved mortgage insurance. 

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NMLS ID# 400039.

Not all products are available for collateral located in all states or for all amounts. Other restrictions and limitations may apply.

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