What is a Non-QM Loan?
A Non-QM or Non-Qualified mortgage loan is a home financing solution for responsible borrowers that don’t fit into the parameters of conventional mortgages. Millions of people that don’t qualify for a home loan by using their tax returns, W-2s or pay stubs alone, are able to qualify with us. Non-QM loans fill the void by allowing the use of alternative income verification methods to help get you approved for the mortgage loan you deserve.
Non-QM Loans are NOT subprime mortgages or “stated-income” loans.
- Second Chance Program
- Inherited Property Program
- Low Credit Score Debt Consolidation Program
- Foreign National Partnership Program
- ITIN Mortgage Program
- 12-24 Month Bank Statement Programs
- 1 Month Bank Statement Program
- Investor Programs
- Asset Depletion Program
- Higher debt ratios
- Flexibility in underwriting guidelines
- Alternative income options
- Financing made simple for Self-employed borrowers
- Financing available for Recent Credit event borrowers
- ITIN borrowers welcome
- Purchase, Refinance or Consolidating Debt options
Non-QM loans can provide financing for first time home buyers, 2nd homes, refinances and more!
For Questions about our Non-QM mortgage loans please call (888)416-0920