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 Independent Contractor Analysis Florida Department of Revenue 2013

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all right so if you're a 1099 only employee I have a great program for you A lot of people that are 1099s file their taxes a little bit crazy with the deductions don't show much income so they can't qualify for a home loan oh with this 1099 only program we only use your 1099 so let's say you have 105 000 uh in 1099 Revenue we apply an expense factor which is typically around 25 percent of that which would come up with a qualifying income about 78 to 79 000 now with that income you could potentially qualify for a purchase of uh up to about I would say 350 000 so it should put you at a monthly payment including taxes and insurance estimated around three thousand dollars so definitely something we might be able to help you with so give me a call and go over your situation and see what we can get you qualified for

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