Non-QM & Other Loan Options

What is a Non-QM Loan?

Non-QM loans are flexible mortgage options for borrowers who don’t qualify through traditional underwriting. These often help:

  • Self-employed borrowers
  • Business owners
  • Real estate investors
  • Borrowers with complex income or asset structures
Common Non-QM Loan Options
  • Bank Statement Loans: Qualify using deposits, not W-2s.
  • Asset Depletion Loans: Convert savings or retirement funds into qualifying income.
  • 1099 Loans: Great for contractors and gig workers.
  • ITIN Loans: Help non-citizens using an ITIN number.
  • Jumbo Loans: For loans above conforming limits.
  • DSCR Loans: Investor-focused — qualify using rental income instead of personal income.
Other QM Loan Types
  • ARMs: Adjustable-rate mortgages with initial fixed-rate periods (e.g., 5/1 ARM).
  • HELOCs / Home Equity Loans: Tap into your home's value for renovations or expenses.
Is a Non-QM or Alt Loan Right for You?
  • You’re self-employed or run your own business
  • Your tax returns don’t reflect your actual income
  • You have significant assets but low monthly income
  • You’re investing in real estate
  • You need flexible underwriting options
Bottom Line

Non-QM and alternative loans help borrowers with unique income, asset, or property needs. Let’s explore your options and find what best fits your goals.