Income Type · Florida
Gig Worker / 1099 Contractor in Florida
Driving, freelancing, or consulting in Florida? Get a mortgage built around 1099 and gig income.
Common challenges we solve
- Income deposits vary week to week
- Multiple 1099s across platforms
- Big write-offs on Schedule C
- Lenders saying you don't qualify
What you get with Lumos
Gross-deposit bank-statement qualifying
1099-only programs that ignore write-offs
Conventional path once you have two years
What's different in Florida
With no Florida state income tax, your 1099 deposits go further — but Florida homeowners insurance and flood premiums can be significant and are counted in your debt-to-income ratio, so we quote them early. After purchase, the homestead exemption can lower your taxable value.
Loan programs that typically fit
Frequently asked
- Do I need two years of 1099s?
- Helpful but not required — 12-month programs exist for stable earners.
- Do you average all my gigs?
- Yes — we'll aggregate deposits across platforms.
- How fast can I close?
- Fast closings are possible on complete files; timelines depend on the lender and property.
