Video Transcript:
Everyone believes switching to 1099 means you must wait two years to buy a home. That rule is a roadblock, but it is not always true. My name is David Ghazaryan, and I build loan files that make sense. It’s not about waiting, it's about showing steady pay with the right papers. The system doesn't need two years of tax papers, it just needs proof of money. Your old job helps prove your new pay is strong and steady. Instead of old tax forms, we use current papers. A Profit and Loss sheet and signed work contracts show that your business is earning money right now. This method means new business owners in cities like Austin can buy homes much faster. You don’t have to delay your plans just because of a job change. I explain these systems on my social channels and my website every single week. The original article is linked below in the description with more details.
Read Blog Here: https://www.iqratemortgages.com/blog/a-mortgage-in-austin-or-dallas-after-switching-to-1099
