Not every borrower checks the same boxes. That’s where we come in.
Non-QM Loans
What Are Non-QM Loans?
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don’t meet traditional mortgage guidelines but still have the ability to repay. These loans offer greater flexibility with how income is documented, making them ideal for self-employed individuals, real estate investors, and buyers with unique financial profiles. If you’ve been told “no” by a traditional lender, a Non-QM loan might be your “yes.”
With a Non-QM loan, you can:
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Qualify using bank statements instead of tax returns
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Use rental income or assets to show repayment ability
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Secure financing with a recent credit event or lower credit score
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Explore loan options not available through Fannie Mae or Freddie Mac
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Finance a property as an investor, even without personal income documentation
Who Non-QM Loans Are For
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Self-employed borrowers using bank statements
- Borrowers with irregular income streams or a recent major increase in income
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Real estate investors using DSCR (Debt-Service Coverage Ratio) loans
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High-net-worth clients using asset depletion
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Borrowers with recent credit events or lower credit scores
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Foreign nationals and ITIN borrowers
Types of Non-QM Loans We Offer
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Bank Statement Loans
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DSCR Loans
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Asset-Based Loans
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Interest-Only Loans
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ITIN Loans
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Jumbo Non-QM
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Recent Credit Event Loans
- Influencer and Gig Work Loans
What You’ll Typically Need to Qualify for a Non-QM Mortgage
While every Non-QM loan is a little different, here are some common qualification requirements most borrowers can expect:
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Proof of income through bank statements, assets, or rental income (instead of tax returns or W2s)
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Credit score requirements may vary, but many programs start at 620+
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Down payment typically ranges from 10–20%, depending on the loan type
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Debt-to-income ratio flexibility for borrowers with strong compensating factors
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Assets or reserves may be used to strengthen your application
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Valid identification, including ITIN (Individual Taxpayer Identification Number) for qualifying programs
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No recent bankruptcies or major credit events in the past 1–2 years for some programs (others may allow it with additional terms)
Not sure where you stand? Don’t worry—we’ll help you find the right fit based on your unique situation.
