Non-Qualified (Non-QM)

Caters to individuals with unique financial situations, such as self-employed borrowers, those with irregular income, or those with recent credit events like bankruptcy.

  • Often requires a higher down payment.

  • Interest rates are higher due to Investor Risk.

  • For a description of loan options for each, see “Non-QM” listings.

Some are Underwritten In-House, others by the Investor (Brokered):

  • In-House Underwritten

    • DSCR

    • Bank Statements

    • 1099

    • P&L

    • Full Doc

    • Asset Depletion

    • Non-Warrantable Condo & Condotel

  • Investor Underwriten

    • ITIN

    • Foreign National

    • No Ratio

    • 5-10 Units / Cross-Collaterized

Investors

  • NQM Funding

  • ARC

  • SG Capital

  • Morgan stanley

  • Maxex

  • Goldman Sachs

  • Onslow Bay

  • Luxury Mortgage