1099 loans are typically used for independent contractors or freelancers who get 1099s at the end of the year and cannot qualify based on traditional tax returns income. These loans are particularly suitable for freelancers, contract workers, 1099 employees, and…
Bank statement loans are typically used for individuals who have difficulty documenting their income using traditional methods. These loans are particularly suitable for self-employed individuals, freelancers, small business owners, contract workers, 1099 employees, and other borrowers with non-traditional income sources.…
