Non-QM Program
Non-QM Loan
Outside the box. Custom solutions for unique financial profiles.
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don't fit traditional lending criteria. They use alternative documentation methods like bank statements, asset depletion, or DSCR.
10%
Min Down Payment
620
Min Credit Score
50%
Max DTI
Key Features
- Bank statement income verification (12 or 24 months)
- Asset depletion programs available
- Interest-only options
- Recent credit events considered
- Foreign national programs available
Ideal For
- Self-employed borrowers
- Business owners with complex tax returns
- Real estate investors
- Foreign nationals
- Borrowers with recent credit events
Weighing Your Options
Advantages
- Flexible income documentation
- Self-employed friendly
- Recent credit events OK
- Multiple program options
Considerations
- Higher interest rates
- Larger down payment needed
- Higher reserves required
What You'll Need
- Minimum 620 credit score (varies by program)
- 10-25% down payment typical
- Bank statements or alternative documentation
- Reserves required (varies)
- Higher interest rates than conventional
Apply for Non-QM
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Explore Other Programs
FHA
Low down payment. Flexible credit. Government-backed confidence.
3.5% down
Learn more
VA
Zero down. No PMI. Built for those who served.
0% down
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Conventional
Flexible terms. Competitive rates. The standard in home financing.
3% down
Learn more
DSCR
Income from the property. Qualify on cash flow, not W-2s.
15% down
Learn more
Questions about Non-QM loans?