Talk to a mortgage broker not directly with banks. There are plenty of lenders that will do low/no doc loans still and they will work with you if you can prove

Talk to a mortgage broker not directly with banks. There are plenty of lenders that will do low/no doc loans still and they will work with you if you can prove 2-3 years of similar salary to the 1099s. Getting loans as an independent contractor can be a pain until you have a few years of proof under your belt, but it isn't impossible if you are willing to do a little extra work. Also, I wouldn't be shocked that the first one you will pay slightly higher interest if you can't put down a substantial down payment. I have done this myself, in fact I bought not only my personal homes while being a contractor I had bought investment real estate too. It was also weird because when I went from 1099 to my own business the first time it was harder to get loans again for a year or two, not impossible, just harder. Banks teach their front line teams to be conservative and reject anything that doesn't look like a traditional loan, unless of course you can skip those teams as the wealthy do. But every bank owns mortgage companies that do non-traditional loans, and mortgage brokers are the ones that are suited to get you a deal that works. Don't be afraid of using a mortgage broker, they are not evil, they are not there to steal money or to raise your rates. They serve a real purpose and good ones can be a lifesaver.