Non QM loans may offer flexible approval options when traditional mortgages do not fit, even if you have strong cash flow or assets. These programs can work well for self employed borrowers, variable income, or unique scenarios. We help you compare programs, pricing, and documentation so you choose the best fit with clarity.
Non QM, meaning Non Qualified Mortgage, refers to loans that do not follow standard conventional or government guidelines. Instead, they may use alternative ways to document income or evaluate risk, which can help borrowers whose financial profiles do not fit traditional boxes.
Non QM loans may be a good fit for self employed borrowers with large write offs, commission based earners, borrowers with multiple businesses, high net worth clients, or borrowers with recent credit events. They can also help when income is strong but difficult to document using tax returns alone.
Qualification depends on the program and lender. Some Non QM options use bank statements, profit and loss documentation, asset based qualification, or investment property cash flow. Because guidelines vary, we focus on matching you to the simplest path that supports approval and fair pricing.
Depending on what is available, Non QM may include bank statement loans, DSCR investor loans, interest only options, asset depletion programs, or other flexible documentation solutions. Each has different down payment, reserve, and credit expectations, so we compare the tradeoffs clearly.
Non QM documentation may include bank statements, proof of assets and reserves, ID, and credit authorization, plus additional items based on the program, such as a profit and loss statement or rental documentation. Clean statements and a clear paper trail often make the biggest difference.
It depends on your income documentation, credit profile, and timeline. If a traditional loan is available and cheaper, we will show that path. If Non QM is the better fit right now, we structure it smartly and plan for future options when your profile supports them.
Non QM financing may help you qualify when traditional guidelines fall short, especially with self employed income, write offs, or complex financial structures. The right program can reduce friction, support approval, and keep your timeline moving, as long as pricing and long term strategy are reviewed carefully.
Non QM loans are designed for borrowers whose income or financial picture does not fit traditional guidelines, even if they have strong cash flow and assets. This page explains when Non QM makes sense, how qualification works, what documents you will need, and how to choose the right option without overpaying.
A Non QM loan is a mortgage that does not follow standard conventional or government loan guidelines and instead uses alternative methods to qualify income or risk.
Non QM does not mean bad credit or subprime. It usually means your income, assets, or property type needs a more flexible approach than a traditional loan allows.
Non QM loans are often best for self employed borrowers, high net worth clients, real estate investors, or anyone with complex income that traditional underwriting cannot document cleanly.
If your tax returns show heavy write offs, your income is seasonal, or you have multiple businesses, Non QM can provide an approval path that matches real cash flow.
Non QM qualification depends on the program and may use bank statements, asset based qualification, DSCR cash flow, or other documentation instead of standard tax return income.
The goal is to prove ability to repay using a method that fits your situation. We choose the method that is simplest, most defensible, and most cost effective.
Non QM rates are often higher than traditional conventional loans because the guidelines are more flexible, but pricing varies widely by lender and scenario. The right strategy can narrow the gap, for example improving credit, adjusting the down payment, documenting stronger reserves, or selecting a different Non QM structure.
Non QM down payment requirements vary, but many programs start around 10 to 20 percent down, with higher requirements for certain scenarios. Your down payment can influence approval strength and pricing, so we balance it against keeping enough reserves and not stretching cash flow.
Non QM documentation depends on the program, but common items include bank statements, ID, credit authorization, and proof of assets and reserves, and sometimes a business overview. If you are using bank statements, we focus on clean deposits, consistency, and clear separation between business and personal accounts when possible.
A bank statement mortgage is a Non QM option that may qualify you using 12 to 24 months of bank statement deposits rather than tax return income. It is often used when write offs reduce taxable income even though the business has strong cash flow. We review deposit patterns and explain how lenders calculate qualifying income from statements.
Sometimes yes, some Non QM programs allow more flexibility with credit events, but requirements depend on the lender and how recent the issue was. The focus becomes the full risk picture, your current payment behavior, down payment, reserves, and whether the story is documented clearly.
Yes, many Non QM programs support investment properties, and some qualify based on the property’s cash flow rather than your personal income. For investors, the key questions are the required down payment, reserves, rental documentation, and whether the program uses a DSCR style approval.
The first step is a strategy review to choose the best qualification method, then a pre approval plan based on your documents, goals, and timeline. If a traditional loan is possible, we will compare it. If Non QM is the better fit right now, we structure it intelligently and plan for future options, including refinancing when it benefits you.
