Home / Mortgage Learning Center / Can I Get a Mortgage With 1099 Income? Mortgage FAQ Can I Get a Mortgage With 1099 Income? Yes, many self-employed borrowers, independent contractors, freelancers, commission-based professionals, and gig workers can qualify for a mortgage using 1099 income. The key is documentation, consistency, income history, and choosing the right…
What Is Mortgage Pre-Approval? Mortgage pre-approval is one of the first major steps in the homebuying process. It helps a buyer understand how much they may be able to borrow before they start making offers on homes. For Tampa homebuyers, pre-approval can be especially important because home prices, insurance costs, property taxes, HOA fees, and…
One of the biggest misconceptions among first-time homebuyers is that student loan debt automatically prevents them from qualifying for a mortgage. Fortunately, that’s usually not the case. Every year, thousands of buyers purchase homes while carrying student loan debt. In fact, many lenders work with borrowers who have federal student loans, private student loans, income-driven…
One of the biggest myths about buying a home is that you need a 20% down payment. In reality, many Tampa homebuyers purchase homes with significantly less. Whether you’re a first-time buyer, relocating to Florida, self-employed, or exploring FHA financing, understanding your down payment options can help you determine how close you really are to…
Buying a home is one of the biggest financial decisions most people will ever make, and one of the most common questions Tampa homebuyers ask is: “What credit score do I need to buy a home in Tampa?” The good news is that many people assume they need perfect credit to qualify for a mortgage…