Why Choose Rich Bonn for 1099 Loans in Houston?
If you’ve ever asked, “What exactly is a 1099 loan?”, you’re probably already tired of pretending your tax returns reflect reality.
If you’re paid on a 1099, you already know the truth:
your tax return is the diet version of your income. It’s lighter, stripped down by deductions, and doesn’t come close to showing what you actually earn.
That’s exactly why 1099 loans exist.
And it’s why Rich Bonn has become the lender many 1099 earners in Houston turn to first.
When 1099 Income and Traditional Mortgages Don’t Mix
Contractors, consultants, creatives, gig workers, and sales professionals often earn strong, consistent income. But once deductions, expenses, and write-offs hit the tax return, the numbers can look misleadingly small.
Traditional lenders tend to:
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Obsess over tax returns
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Ignore contract income
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Miss the real earning power behind the work
That’s when borrowers hear, “You don’t qualify,” even when business is booming.
The problem isn’t your income.
It’s how it’s being measured.
What Is a 1099 Loan?
A 1099 loan is designed specifically for people paid as independent contractors.
Instead of dissecting tax returns line by line, a 1099 loan looks at:
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Your actual 1099 income
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Your contracts and payment history
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What clients are really paying you
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Consistency of earnings
That income is then annualized to create a realistic, usable number that reflects your real work, not the post-CPA, heavily deducted version.
This approach finally aligns the mortgage with how 1099 earners actually earn.
Meet Rich Bonn, Houston Mortgage Broker for 1099 Earners
Rich Bonn is a Houston-based mortgage broker with over 30 years of experience and the founder of Habayit Home Loans. He specializes in helping borrowers whose income doesn’t fit traditional W-2 molds.
Rich is also the author of How to Get a Mortgage When Your Tax Return Says No, a guide written for people who make good money but keep running into outdated lending rules.
When it comes to 1099 loans, Rich’s philosophy is simple:
use real income, not imaginary limitations.
Who 1099 Loans Are Best For
1099 loans are ideal for people who:
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Are paid as independent contractors
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Work in consulting or sales
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Earn commission-based income
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Work in the gig economy
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Have strong contract or client revenue
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Haven’t been self-employed for decades but are earning consistently
If you’re doing real work and getting paid real money, this program was built for you.
Why the Right Broker Matters With 1099 Loans
Many lenders say they offer 1099 loans. Far fewer know how to:
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Read contract income correctly
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Annualize earnings properly
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Explain income consistency to underwriting
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Avoid unnecessary conditions and delays
The wrong lender turns a good file into a mess.
The right broker makes it clean.
This is where Rich’s experience makes the difference.
How Rich Approaches 1099 Loans
Rich doesn’t force 1099 earners into tax-return logic.
Instead, he:
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Reviews your real income and contracts
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Looks at payment history and consistency
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Builds an income number that reflects reality
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Sets expectations clearly from day one
The result is fewer surprises and a smoother path to closing.
A Loan Program That Respects How You Earn
1099 loans exist because not everyone earns money the same way, and that shouldn’t block homeownership.
If you’re a 1099 earner and want a lender who understands your income, speaks your language, and runs the numbers the right way, there’s a better option.
The next step isn’t pretending your tax return tells the truth.
It’s using a loan that reflects how you really earn.
Schedule a call with Rich Bonn and see if a 1099 loan is the right fit for you.