Corva Launch 1099 Only Matrix
Streamlined qualification for gig-economy professionals, 1099 independent contractors, and sole proprietors using IRS 1099 forms.
Underwriting Specifications & Parameters
MAXIMUM LTV
85%
MINIMUM FICO
640
MAX LOAN LIMIT
$2,500,000
UNDERWRITE SLA
< 24 Hours
Program Highlights & Selling Points
- 1 or 2 years 1099 documentation supported
- Standard 10% expense haircut (90% qualifying income)
- No tax returns, 4506-C tax transcripts, or W-2s required
- Up to 85% LTV on purchase transactions
- Loan amounts up to $2,500,000
Program Overview & Guidelines
Corva Launch 1099 Independent Contractor Solution
Provides a clean, low-friction underwriting alternative for independent professionals who receive 1099 MISC or NEC statements. Qualify without submitting complex federal tax returns or Schedule C filings.
Official Program Guidelines & Matrix
Complete underwriting guidelines, reserve requirements, and matrix specifications (PDF).
< 2 HOUR DECISION
Submit Corva Launch 1099 Only Matrix Scenario
Direct credit desk review by dedicated wholesale underwriters. Submit transaction parameters below for immediate pricing, structuring, and written terms.