What Are Non-QM Loans?

Non-Qualified Mortgages, or Non-QM loans, are designed for borrowers who may not meet the strict documentation requirements of traditional loans. These loans are ideal for self-employed individuals, real estate investors, and those with irregular income or recent credit events.

Unlike conventional loans, Non-QM loans offer flexible underwriting guidelines and consider alternative income documentation such as bank statements, rental income, or asset depletion.

• Flexible income verification
• Credit scores as low as 620
• Interest-only and fixed/ARM options available

If you're struggling to qualify with a traditional lender, a Non-QM loan might be the right fit for your financing needs.