Non-QM Additional Information
Outside the Box. Inside Your Reach.
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don't fit the traditional lending mold. Whether you're self-employed, an investor, a foreign national, or have had past credit challenges — there's a Non-QM solution for you.
Overview
What is a Non-QM Loan?
A Non-Qualified Mortgage (Non-QM) is a home loan that does not meet the Consumer Financial Protection Bureau's (CFPB) standard for a "Qualified Mortgage." These loans use alternative methods to verify a borrower's ability to repay, making them accessible to a wider range of borrowers.
Non-QM loans are not riskier by nature — they simply use different documentation and underwriting standards. They are a legitimate and important part of the mortgage market, serving creditworthy borrowers whose financial situations don't fit the conventional template.
Who It's For
Non-QM Borrower Profiles
Self-Employed Borrowers
Business owners and freelancers who cannot document income through traditional W-2s can qualify using bank statements, P&L statements, or asset depletion.
Real Estate Investors
Investors can qualify based on the rental income potential of the property (DSCR loans) rather than personal income, making it easier to scale a portfolio.
Foreign Nationals
Non-U.S. citizens and foreign nationals who want to purchase U.S. property can access financing without a U.S. credit history or Social Security Number.
Recent Credit Events
Borrowers who have experienced a recent bankruptcy, foreclosure, or short sale may qualify sooner than conventional loan waiting periods allow.
High-Net-Worth Borrowers
Asset-based qualification allows high-net-worth individuals with significant assets but lower documented income to qualify for financing.
Jumbo & Non-Conforming Needs
Borrowers seeking loan amounts that exceed conforming limits or have unique property types can find flexible solutions through Non-QM programs.
Available Programs
Non-QM Loan Programs
Bank Statement Loans
12 or 24 months of personal or business bank statements used to verify income.
DSCR Loans
Debt Service Coverage Ratio loans qualify based on property cash flow — ideal for investors.
Asset Depletion / Dissipation
Liquid assets are used to calculate qualifying income over the loan term.
Stated Income / SISA
Income is stated without full documentation for qualifying borrowers.
Interest-Only Options
Lower initial payments with interest-only periods available on select programs.
Foreign National Programs
Financing for non-U.S. citizens purchasing U.S. residential or investment property.
Non-QM loans may carry higher interest rates than conventional loans due to the alternative documentation requirements. All borrowers are subject to credit approval and underwriting review. Program availability and terms vary.
Don't let traditional lending hold you back.
Let's find the Non-QM program that fits your unique financial situation.
Apply Now