Non-QM Loans

Non QM, or Non Qualified Mortgage loans, are designed for borrowers whose financial picture does not fit traditional lending guidelines but who still have the ability to repay a mortgage. These programs exist to serve self employed professionals, business owners, entrepreneurs, and investors with strong cash flow that is not always reflected on tax returns.

Instead of relying solely on W 2s or standard income documentation, Non QM loans allow alternative methods to verify income and assets. This makes them a viable option for borrowers with complex income streams or write offs that reduce taxable income on paper.

With a Non QM loan, eligible borrowers may be able to:

• Qualify using bank statements, 1099 income, or asset based documentation
• Purchase or refinance primary residences, second homes, or investment properties
• Access higher loan limits compared to some traditional programs
• Use flexible debt to income calculations tailored to cash flow
• Structure loans that better align with how income is actually earned

There are important considerations with Non QM loans. Interest rates are typically higher than conventional loans, and down payment requirements are often larger. Guidelines vary widely by program and lender, and documentation must still be thorough even if it is non traditional. These loans are not designed to bypass responsibility, but to provide structure where standard rules fall short.

Non QM loans work best for borrowers with strong financial fundamentals who value flexibility over the lowest possible rate. When used strategically, they can bridge the gap between real world income and traditional mortgage requirements.

If your income does not fit neatly into conventional guidelines, understanding Non QM options upfront can help determine whether this approach makes sense for your situation.

Mortgage loans are not originated on this site. All applications are processed through United Mortgage Corp (NMLS 1330). Christopher Crespo NMLS 2040756.