Mortgage Series with Zindy Fish from the Z Team

Welcome back to the weekly mortgage series with Cindy. Hello and about here with the 1099 loan programs out there. They will have a 1099 program. A 1099 is paid from a business bank statement loan. Bank statement bank deposits to qualify but a 1099 program have a 1099 that came from the business. To qualify. Remember this program guy is for independent contractors, self-employed, freelancers, salesman, a consultant. But if you have a 1099 stuff that comes from the business. Guess who is a 1099. I was in either one listen 1099 program and it's your bank statement programs. It's kind of a poor reason. See well. It's to overdraft since that account was my business bank statement program can find a problem. But business bank statement default expense ratio with the bank and on this one is on 50%. But 1099 program the default ratio but our bank is 90%. What stands up from a history as a self-employed I'm looking at the 1099 and that will get the credit score reserves. What we got to get a good mortgage. So this is in a nutshell. I know that made questions. I might just send them down the guy feel free to reach out.