What Is a Non-QM Loan?
A Non-Qualified Mortgage (Non-QM) loan is designed for borrowers who may not meet the standard documentation or income requirements of traditional mortgage programs. These loans offer more flexibility in how income, assets, and credit history are evaluated—making them a strong option for self-employed individuals, real estate investors, or those with unique financial situations.
Non-QM loans are not backed by government agencies and don’t follow the strict guidelines of conventional loans. Instead, they open the door to homeownership and investment opportunities for borrowers who need a more customized approach to financing.
Benefits of Non-QM Loans
Non-QM loans offer creative lending solutions tailored to your needs:
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Flexible qualification standards for self-employed and non-traditional earners
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Options for borrowers with recent credit events or unique asset profiles
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Multiple loan types available, including interest-only, asset-based, bank statement, and DSCR loans
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Streamlined underwriting that may result in faster approvals
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Access to higher loan amounts in some cases, based on your overall financial strength
If your financial profile doesn’t fit inside the conventional mortgage box, a Non-QM loan could help you move forward with confidence.
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