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Funding Program

Non-QM Loans

Mortgage and real estate funding options for borrowers who do not fit traditional qualified mortgage guidelines.

Who This Is Best For

Self-employed borrowers, real estate investors, and borrowers who need flexible documentation options.

How Review Works

Non-QM review begins with why the scenario does not fit conventional mortgage documentation or guidelines. Joe looks at property type, occupancy or investment purpose, income-documentation approach, credit, liquidity and the requested transaction.

What Matters Most

Property details, borrower credit, available assets, the selected income-documentation method and whether the request is a purchase, refinance or cash-out scenario can materially affect fit.

Program Guide

Non-QM Loans: Quick Answer & Review Factors

Quick Answer

Non-QM loans are mortgage options evaluated outside standard qualified-mortgage documentation rules. They can serve borrowers with nontraditional income or property scenarios, subject to the specific lender's underwriting requirements.

How To Think About Fit

Non-QM does not mean no qualification. A self-employed borrower using bank statements, for example, still needs to document the transaction and meet the lender's credit, property, asset and other requirements.

Documentation To Expect

Documents vary with the program and may include bank statements, asset records, property information, lease or income documentation, and transaction documents in addition to identification and credit review.

A suggested funding path is not an approval. Final eligibility, documentation, terms and funding decisions are subject to the applicable provider and program requirements.

Common Uses

Common Uses For Non-QM Loans

Self-employed income

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Bank statement income

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Credit events

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Investor scenarios

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Non-traditional documentation

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Unique borrower profiles

Non-QM Loans may be reviewed for this type of funding purpose depending on qualifications, documentation, and lender guidelines.

Related Programs

Related Funding Options

FAQ

Non-QM Loans Questions

What is Non-QM Loans?

Non-QM loans are mortgage options evaluated outside standard qualified-mortgage documentation rules. They can serve borrowers with nontraditional income or property scenarios, subject to the specific lender's underwriting requirements.

What information matters for Non-QM Loans?

Property details, borrower credit, available assets, the selected income-documentation method and whether the request is a purchase, refinance or cash-out scenario can materially affect fit.

Can I ask Joe about my situation before applying?

Yes. Text Joe Direct at (872) 228-5250 or use the Deal Match Engine™ to identify a suggested funding path before submitting a full request.

Text Joe Direct - (872) 228-5250