Learn more about Non-Qualified Mortgages

An out-of-the-box loan that’s as unique as your situation

Non-Qualified Mortgages, or Non-QM Loans, are loans for those who don’t fall under the conditions of most traditional loans. It’s a great alternative if you don’t qualify for a Conventional Loan.

Woman working with child

A few key benefits of Non-QM Loans:

  • Flexible income and credit requirements – Non-QM Loans are available to those who have higher debt-to-income ratios or lower credit scores—with the expectation that there may be higher rates or other more stringent terms.
  • More forms of documentation accepted – Due to the nature of self-employment, Non-QM Loans use more flexible methods of income verification than traditional loans.

A Non-QM Loan might be a good fit if you:

  • Are a self-employed, contract, or gig worker
  • Have the income and means to pay for a mortgage, but do not qualify for Conventional Loans
  • Want specific options a Conventional Loan does not cover
Woman on the computer

Mortgage myths

Don’t let myths about Non-QM Loans hold you back

Myth #1: Non-QM Loans are dangerous                                                                                     False! Non-QM Loans work just like traditional mortgages. You will still be required to meet the terms of the loan.

Myth #2: Non-QM Loans take a long time to close                                                                    Not true! In most cases, Non-QM Loans can close in as little as 30 days.


Dig a little deeper

View all