Self-employed · 1099 income
Self-Employed and 1099 Home Loans in New Jersey
If you're a business owner, contractor, gig worker or paid on a 1099, your tax returns may not show your full picture. There are several ways lenders can look at self-employed income.
Ways to document self-employed income
- Full documentation: tax returns, typically for FHA, VA and conventional loans.
- 1099 income programs: some non-QM lenders can use 1099 forms instead of full tax returns.
- Bank statement loans: qualify using business or personal bank deposits. See bank statement loans.
- Investors: rental properties can be qualified on the property's rent with a DSCR loan.
Who this helps
Realtors, contractors, truck drivers, nurses on 1099, small business owners, consultants and anyone whose write-offs lower their taxable income.
How I help
I look at how you're paid and which documentation path fits, then compare lenders that offer it. If you were declined elsewhere, ask for a second look.
Why a mortgage broker? How lender choice helps →
Every loan is subject to credit approval, property eligibility and the lender's guidelines. Programs and terms change; I'll confirm what's available for your situation.
David J. Hutchison II, NMLS #63021 · NEXA Mortgage, LLC dba NEXA Lending, Company NMLS #1660690 · Equal Housing Opportunity. All loans subject to credit approval, property eligibility and lender guidelines. Not affiliated with VA, HUD/FHA, USDA, the Department of Defense or any government agency.
Talk to a local mortgage broker
- VA loans
- FHA loans
- USDA loans
- Conventional loans
- DSCR investor loans
- Bank statement loans
- Refinance & cash-out
David J. Hutchison II
(609) 665-3460
dhutch@nexalending.com
Why David
Experience you can lean on
More than 1,000 loans closed over David's career.
Helping New Jersey families finance homes for 25+ years.
Based in Medford, NJ. As a broker, David compares options from many lenders instead of offering just one.
David's father was a veteran, and David has helped many veterans buy and refinance homes across New Jersey.
David works alongside experienced real estate agents across New Jersey, including a military veteran who is one of his top referral partners.
Read what clients say, word for word, on the reviews page.
FAQ
Common questions
Can I get a mortgage if I'm paid on a 1099?
Yes, there are options. Traditional loans typically use tax returns, and some non-QM lenders offer programs that use 1099 forms or bank statements.
What is a bank statement loan?
A non-QM loan that uses bank deposits to calculate income instead of tax returns. Terms differ from traditional loans.
How long do I need to be self-employed?
It depends on the program and lender. I'll check what applies to your history.
Next step
Let's talk through your options
No credit pull and no Social Security number, just a conversation. I'll compare lenders and explain everything in plain English.
See also: Non-QM loans explained
Quick quote
Self-employed or paid on a 1099? Fill out the form here
Share a few details and I'll reach out, usually the same business day, to talk through options. This is a conversation, not an application — no Social Security number and no credit pull.
- Call/Text(609) 665-3460
- Emaildhutch@nexalending.com
- NMLS#63021
Last updated Nov 2026