1099 VOE Loans

1099 VOE Loans 

Mortgage Solutions for Independent Contractors

What is a 1099 VOE Loan?

A 1099 VOE Loan is a specialized mortgage program designed for independent contractors, gig economy workers, and self-employed professionals who receive 1099 income instead of W-2s. Unlike traditional loans that require tax returns and pay stubs, this loan program allows borrowers to qualify using their 1099 earnings and a verification of employment (VOE).


 If you’re a freelancer, consultant, rideshare driver, real estate agent, or any self-employed worker receiving 1099 forms, this loan can help you secure financing without needing tax returns or traditional income documentation.

1099 VOE Loans vs. Traditional Loans

Feature 1099 VOE Loan Traditional Loan

Income Verification

1099 Forms + VOE

Tax Returns, W-2s, Pay Stubs

Best For

Self-Employed, Freelancers, Gig Workers

W-2 Employees with Stable Pay

Max LTV

85%

97% (Conventional)

DTI

Flexible

Strict (Max 43%)

Property Types

Primary, Second Home, Investment

Primary, Second Home, Investment

1099 VOE Loan Program Details

Feature 1099 VOE Loan

Loan Type

1099 Income Verification Loan

Best For

Self-Employed, Gig Workers, Commission Earners

Max LTV

85%

Min FICO Score

660

Income Documentation

1099 Forms + VOE (Verification of Employment)

Property Types

Primary, Second Home, Investment

Interest-Only Option?

Yes

Cash-Out Refinancing?

Yes

Prepayment Penalty?

Varies by Loan Type

Benefits of a 1099 VOE Loan

✔ No Tax Returns or W-2s Required – Qualify using only 1099 income and a verification of employment.
✔ Higher Loan Amounts – Up to 85% loan-to-value (LTV).
✔ Flexible Qualification – Ideal for self-employed professionals with variable income.
✔ Cash-Out Refinance Available – Convert home equity into cash for investments or business growth.
✔ Works for Primary, Second Home, & Investment Properties.

Who Qualifies for a 1099 VOE Loan?

✔ Freelancers & Independent Contractors – Uber/Lyft drivers, consultants, designers, and more.
✔ Gig Economy Workers – App-based workers earning 1099 income.
✔ Real Estate Agents & Loan Officers – Commission-based professionals.
✔ Self-Employed Entrepreneurs – Business owners who receive 1099 forms instead of W-2s.
✔ Commission-Based Salespeople – Sales professionals with variable monthly income

Want to connect with a licensed

Non-QM Lender?

Have Questions? Contact us Today!

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Need a Conventional Lender?

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Frequently Asked 1099 VOE Loan Questions-FAQ
  • How do I qualify for a 1099 VOE loan?

    To qualify, you need at least 1-2 years of 1099 income, a verification of employment (VOE), and a minimum credit score of 660.

  • Do I need tax returns for a 1099 VOE loan?

    No! 1099 VOE loans do not require tax returns—only your 1099 earnings and a verification of employment.


  • Can I use a 1099 VOE loan for an investment property?

    Yes! This loan is available for primary residences, second homes, and investment properties.

  • What credit score do I need for a 1099 VOE loan?

    Most programs require a minimum FICO score of 660, though higher scores may qualify for better rates.


  • Can I do a cash-out refinance with a 1099 VOE loan?

    Yes! Borrowers can cash out home equity with a 1099 VOE loan, depending on LTV limits and credit qualifications.

Want to connect with a licensed

Non-QM Lender?

Have Questions? Contact us Today!

Contact Us

Need a Conventional Lender?

Check Out These Other Resources

Learn More About Your 1099 VOE Lending Options

At Non-QM Loans.com, we specialize in connecting you with the right non-QM loan products Specialist to meet your needs. Whether you're looking for a 1099 VOE Loan, DSCR Loan, Bank Statement Loan or a No Limit Jumbo Loan, we’re here to help you connect with the right expert for the loan you need.

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