: Lenders usually require the most recent 1–2 years of 1099 forms . They want to see that your income is stable or increasing; declining income can reduce your qualifying amount. Credit Score : Traditional Loans : Minimums are often 620 .

: Most lenders aim for a DTI below 43% for conventional loans, though some 1099-specific programs permit up to 50% . Essential Documentation

: While some FHA/Conventional loans allow 3–3.5% down, many specialized 1099 programs require 10–20% to offset the perceived risk.

: Specialized programs may require higher scores, typically 660–700 .