Purchase
Non-QM Loan
Flexible financing for situations that don't fit standard guidelines.
What it is
Non-QM loans fall outside standard 'qualified mortgage' rules. They're useful for investors, people with unique income or those with recent credit events.
Who it's great for
- Real estate investors
- Foreign nationals or unique income
- Borrowers with recent credit events
Key features
- Alternative income documentation
- DSCR investor loans
- Recent credit events considered
General requirements
- Varies by program
- Larger down payment is common
- Reserves often required
General guidelines only. Every loan is subject to credit approval, underwriting and property review. Not a commitment to lend.
Common Questions
Is Non-QM risky?
These are fully documented loans, just with different rules. I'll explain the costs clearly.
What's a DSCR loan?
An investor loan that qualifies on the property's rent instead of your personal income.
Can I refinance out later?
Many clients do once their situation fits a standard loan.
Are rates higher?
Usually, yes. We'll weigh it against your goals.
Is a Non-QM Loan Right for You?
Let's talk about your situation. Honest answers, no pressure.
NMLS #172296 | Licensed in Colorado