Can I buy a house as a IT Contractor?I contacted a lender to pre-qualify for a home that I want to purchase in another town where I just started a new contract that pays exceptionally well. I have no debt with the exception of my current house which I will be renting for quite a bit more than my monthly payment. My credit rating is exception and I have a large down payment. He said everything was great but no bank would give me a loan because I am a contractor. We didn't discuss whether that mean W2 or 1099. He may have assumed 1099 but I am on a W2. I am single so there will be no one else on the loand. Can I get a loan? October 19 2012 - Central00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.