💼 W-2 vs. 1099 Income: How It Impacts Your Mortgage Approval 🏡

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 20/06/2025

💼 W-2 vs. 1099 Income: How It Affects Your Home Loan When it comes to buying a home, how you earn your income matters—a lot. Whether you're a salaried W-2 employee or a self-employed 1099 contractor can drastically change the mortgage process and the documentation you'll need.

Bill Rapp, Commercial Mortgage Broker

🧾 How Real Estate Agents Use 1099s to Qualify for Mortgages 🏡

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 23/05/2025

🧾 How Real Estate Professionals Can Use 1099s for Mortgage Approval If you're a real estate agent or broker earning commission income, you've probably run into challenges when trying to qualify for a mortgage. Traditional W-2 income is easy for lenders to verify, but 1099 income? That’s a different story. However, with the right strategy and documentation, 1099 income can absolutely be used to secure mortgage approval. Here’s how real estate professionals can leverage 1099s to buy or refinance a home.

Bill Rapp, Commercial Mortgage Broker