Where can I get a 1099 loan near me in Newport Beach?

Save Financial's Newport Beach office is at 4000 MacArthur Blvd, Suite 600, Newport Beach, CA 92660. We are a licensed California mortgage broker (NMLS #377740, DRE #01875766) and shop 1099 income loans across multiple lenders. Call (949) 379-5320.

A 1099 loan qualifies independent contractors and gig workers using their 1099 forms rather than tax returns, typically applying a reasonable expense factor so your qualifying income reflects your real earnings.

Do I need tax returns for a 1099 loan?

No. A 1099 loan uses your 1099 forms to qualify income, not your personal or business tax returns.

How is a 1099 loan different from a bank statement loan?

A 1099 loan qualifies you on your 1099 forms; a bank statement loan qualifies you on 12–24 months of deposits. We can run both and use whichever gives you more qualifying income.

Independent contractors and gig workers — including IT contractors, management consultants, travel nurses, and locum practitioners — who are paid on 1099 and whose returns understate their income.

Can I buy or refinance with a 1099 loan?

Both. 1099 borrowers use these loans to purchase a home or to refinance, including cash-out, without producing tax returns.

Is a 1099 loan subprime?

No. It's a Non-Qualified Mortgage (Non-QM) — outside the tax-return-based Qualified Mortgage definition — but built for creditworthy 1099 earners, not subprime.

Which areas do you serve from this office?

All of Orange County and beyond — including Newport Beach, Corona del Mar, Balboa Island, Costa Mesa, Irvine, Huntington Beach, and more — plus every California county.

1099 Income Loans · Newport Beach, CA

1099 Loans in Newport Beach — Local 1099-Income Mortgages for Independent Contractors from Save Financial

A 1099 loan in Newport Beach qualifies independent contractors on their 1099 forms — with a reasonable expense factor — instead of tax returns. Save Financial (NMLS #377740), a local Orange County mortgage broker at 4000 MacArthur Blvd, Suite 600, shops multiple lenders so your gross 1099 earnings tell the story. Call (949) 379-5320.

Orange County is a market of owners and professionals. Around Newport Center you'll find firm partners and company owners; Irvine is dense with physicians, dentists, and tech founders; Costa Mesa and Laguna lean on hospitality, retail, and creative agencies; and the coast from Corona del Mar to Newport Coast is home to entrepreneurs financing higher-value properties. Their businesses deposit well, but their returns are trimmed by legitimate write-offs. On the larger loan sizes common here, cash flow and CPA books show earning power a write-off-heavy return hides — so matching the right documentation path to the right lender changes what you qualify for, exactly where an independent broker earns its keep.

Looking for a 1099 Loan Near You in Newport Beach?

Our Orange County home office lets a 1099 earner review their forms with a licensed loan officer and see the qualifying income a program will use — in person, not through a distant call center.

Save Financial — Newport Beach office
4000 MacArthur Blvd, Suite 600, Newport Beach, CA 92660
Phone: (949) 379-5320
Hours: Monday–Friday 7:00 AM–7:00 PM, Saturday 9:00 AM–3:00 PM PT

The office is in the Newport Center / airport area just off MacArthur and Jamboree, with easy access from the 73 toll road and the 405. We serve Orange County 1099 professionals from our Newport Beach office across the neighborhoods below.

Areas We Serve Near Our Newport Beach Office

1099 loans fit independent earners across the areas we cover from Newport Beach:

Newport Beach: consultants and independent professionals paid on 1099.
Corona del Mar: established 1099 professionals financing coastal homes.
Balboa Island: independent contractors with strong 1099 earnings.
Costa Mesa: agency and creative freelancers on 1099 near South Coast.
Irvine: IT contractors, consultants, and locum practitioners paid via 1099.
Huntington Beach: trades and project-based contractors on 1099.
Laguna Beach: independent professionals and consultants on 1099.
Tustin: gig and contract professionals with steady 1099 income.
Newport Coast: high-earning consultants on larger 1099 files.

These are service areas of our Newport Beach office, not separate offices.

How a 1099 Loan Works

A 1099 loan qualifies you using your 1099 forms rather than personal or business tax returns. The lender looks at your 1099 income directly and typically applies a reasonable expense factor, so your qualifying income reflects what you actually bring in — instead of the reduced net a conventional lender would use.

It's a Non-QM program built for independent contractors and gig workers — IT contractors, management consultants, travel nurses, locum practitioners, and project-based professionals. It differs from a bank statement loan (which uses deposits) and a P&L loan (which uses a CPA statement). As a broker, Save Financial shops multiple lenders so your 1099 income qualifies you for the most.

Common 1099 Scenarios for Orange County Professionals

A management consultant whose net return understates real 1099 income.
A locum practitioner or travel nurse buying an Orange County home.
An IT contractor refinancing on 1099 income, not returns.
A project-based professional who doesn't fit conventional docs.
A 1099 earner who prefers their forms over bank statements or a P&L.

Is a 1099 Loan Right for You?

You're a 1099 contractor, consultant, or gig professional.
Your return understates your real income after write-offs.
You're purchasing or refinancing in Orange County.
You prefer a 1099 path to a bank-statement or P&L path.

1099 vs. Bank Statement vs. P&L vs. Full-Doc

All qualify self-employed and 1099 borrowers, but they prove income differently:

Documentation path	Income proof	Tax returns?	Who it fits in Orange County
Bank statement	12–24 months of deposits	No	Orange County owners whose write-offs shrink taxable income
Profit & loss (P&L)	CPA-prepared P&L	No	Orange County owners with clean CPA-prepared books
1099	Your 1099 forms + a reasonable expense factor	No	Orange County 1099 contractors and gig workers
Full-doc	Tax returns & W-2s	Yes	Orange County W-2 or clean-return borrowers

Because we broker across lenders, we compare a 1099, bank-statement, and P&L approach and use whichever qualifies you for the most.

Why Work With a Local Newport Beach Mortgage Broker?

How lenders treat 1099 income and expense factors varies, and the difference changes your qualifying number. As a broker, Save Financial shops many lenders and places your file where your 1099 income works best. Our office is in Orange County, so we know Orange County’s consultants, locum, and project-based professionals firsthand.

You can meet us in person, review your 1099s, and get straight answers from a licensed local loan officer. Call the Newport Beach office directly at (949) 379-5320.

How to Get a 1099 Loan with Save Financial

Gather your recent 1099 forms. Start online or call (949) 379-5320.
We compare how lenders apply the expense factor and the income each will use.
We shop your file and place it with the best fit.
Close on your purchase or refinance without tax returns.

Serving Newport Beach: Save Financial arranges these loans in Newport Beach and across Orange County from our Newport Beach office. We are a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766), Equal Housing Opportunity, and shop multiple lenders for your best terms. This page is informational and not a commitment to lend; all loans are subject to credit approval, income and property review, and program availability. Call 949-379-5320 or apply online.