A Non-QM Loan, or a non-qualified mortgage, is a home loan that does not meet agency requirements.
These types of loans are designed to help borrowers who are unable to qualify for the criteria of a qualifying mortgage.
These types of loans can allow you to qualify for your loan using alternative methods such as bank statements or liquid assets to qualify for the loan.
These types of loans can be especially helpful for self employed borrowers who have challenges fully documenting income to conventional loan standards.
Non-QM loans can also offer options for borrowers that have had recent challenges with their credit.
We know how to handle unique scenarios, please contact us if we can help on a challenging transaction