1099 Mortgage LOAN

For borrowers who make money “on 1099” and need a mortgage path that doesn’t rely on standard W-2 income or full tax-return documentation.
BluePoint Mortgage marketing graphic featuring a surfer riding a large wave with the BluePoint robot mascot pointing toward the action. The image reads "Just Dropping In! Have you checked us out lately?" and encourages mortgage brokers to explore BluePoint Mortgage for competitive pricing, fast turn times, and loan solutions across DSCR, Bank Statement, FHA, Conventional, and Non-QM programs.
BluePoint Mortgage promotional graphic announcing that BluePoint is now live on Polly. The image features the BluePoint robot mascot holding a megaphone beside the Polly logo with text encouraging mortgage brokers to add BluePoint on Polly for live pricing and mortgage loan scenario comparison.

1099 Qualifying Income is 12-months average from the total earnings reported (10% Expense Factor)

  • Minimum FICO 620
  • 2-year history with 1099 income
  • Up to 90% LTV on Purchase
  • Up to 80% LTV on Cash-Out
  • Loan Amount Up to $3.5MM
  • Interest-Only Available
  • YTD documentation to support continued receipt of income from same source – Bank statement deposits (YTD)
  • 4506-T Required (Box 8) if the IRS 1099 transcript is utilized

Matrices: