Non-QM (Non-Qualified Mortgage) Loans

Beyond Traditional Living

A Non-QM (Non-Qualified Mortgage) loan is for borrowers who don’t meet conventional loan criteria. It offers flexible income verification, making it ideal for self-employed individuals or those with irregular income. While it may have higher interest rates and larger down payment requirements, it provides an alternative path to homeownership for those with unique financial situations.

Flexible Income Verification

Ideal for self-employed individuals or those with irregular income, as it allows for alternative documentation like bank statements or asset-based qualifications.

Broader Eligibility

Can accommodate borrowers with unique financial situations, such as recent credit events (e.g., bankruptcy or foreclosure) or high debt-to-income ratios.

Customizable Loan Terms

Offers a variety of loan structures, including interest-only options and adjustable-rate mortgages, to suit different financial needs

Higher Loan Limits

Often available for larger loan amounts, making them suitable for high-value properties.

Quick Approval Process

Typically faster underwriting and approval processes compared to traditional loans, due to the flexible criteria.