1099 Non-QM purchases often need 10–15%+ down. See how credit, occupancy, and reserves change LTV for Indiana contractors and freelancers.
How Much Down Payment for a 1099 Loan? | 2MG
1099 Non-QM purchases often need 10–15%+ down. See how credit, occupancy, and reserves change LTV for Indiana contractors and freelancers.
How Much Down Payment Is Required for a 1099 Loan?
Typical Equity Ranges
What Changes Your Cash to Close
How We Size Your Number
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Frequently Asked Questions
Need Your Exact Cash-to-Close Number?
Most 1099 Non-QM purchases need about 10–15% down — more when credit, occupancy, or income is thinner.
Down payment is an LTV decision — credit and occupancy move the number as much as 1099 strength.
Down payment is only part of the wire — reserves and closing costs stack on top.
LTV and reserve overlays vary by investor and can change without notice.
Ryan & Steve quote max LTV for your credit and occupancy first — then add reserves and estimated closing costs so cash-to-close is realistic before you shop.
If 10% is tight but deposits are strong, we also compare bank statement Non-QM and conventional paths so you are not stuck in one product box.
All loans are subject to credit and property approval. Guidelines are educational, not a commitment.
Cash-to-close checklist
Related 1099 guides and Non-QM resources from Ryan & Steve.
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Ryan & Steve will size down payment, reserves, and closing costs for your 1099 Non-QM scenario before you shop.
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