Get approved for a non qm 1099 mortgage in Michigan. REIF Loans helps self-employed borrowers and contractors qualify with alternative income documentation.
If you’re self-employed, a contractor, or freelancer in Michigan, proving income for a mortgage can feel challenging. Traditional W-2 documentation doesn’t reflect your true earnings and that’s where 1099 mortgage programs from REIF Loans help.
Our 1099-only mortgage options allow independent earners to qualify using their verified 1099 income instead of tax returns. Whether you’re a real estate agent, consultant, or skilled tradesperson, we make mortgage approval simple, fair, and flexible.
A 1099 mortgage is a type of Non-QM (Non-Qualified Mortgage) designed for self-employed individuals or independent contractors who receive 1099 forms instead of W-2s.
Instead of relying on complex tax returns with deductions, lenders use your annual 1099 income to determine how much you qualify for.
This program fits Michigan’s growing gig economy from Detroit builders to Grand Rapids designers.
The 1099 mortgage simplifies the income verification process for independent earners. Instead of tax returns, REIF Loans helps you qualify using 1099 income and alternative documents.
For many self-employed borrowers, 1099 mortgage programs open doors that traditional lending would close.
Income verified through 1099 forms no tax prep needed.
Lenders use gross income, not net after deductions.
Perfect for freelancers, real estate professionals, and gig workers.
Single-family, condos, and 2–4 unit homes.
Streamlined underwriting for quicker closings.
These features make the 1099-only mortgage a leading solution for Michigan borrowers who earn differently but deserve equal opportunity.
Alternative documentation loans, or Alt-Doc loans, are designed to serve borrowers outside traditional verification paths.
With Alt-Doc programs, your financial history tells the real story of your success helping more Michigan residents and small business owners qualify for homeownership.
REIF Loans specializes in real estate investor and self-employed financing, offering more than just rates, we deliver expertise.
We help turn your independent income into mortgage-ready qualifications without the roadblocks of traditional lenders.
Most lenders require at least one year of 1099 income; two years preferred.
Yes. We can combine multiple 1099s to calculate total income.
No. 1099-only programs do not require tax returns for approval.
Yes. We offer 1099 mortgage options statewide from Detroit to Traverse City.
Whether you’re a Michigan freelancer or contractor ready to buy or refinance, REIF Loans can help.
Get approved faster with flexible documentation and clear, expert guidance from our Non-QM lending team.
REIF Loans currently offers mortgage and loan services in select licensed states. Information provided on this website, including references to DSCR loans, commercial loans, and conventional loans, is for general educational and informational purposes only and does not constitute an offer to lend in jurisdictions where REIF Loans is not licensed. Loan availability, terms, and conditions may vary by state. Please contact us directly to confirm eligibility and licensing for your specific location.
