The traditional mortgage landscape often has strict requirements that can be a barrier for many borrowers. If you are a self-employed individual, a real estate investor, or someone with a unique financial situation, a conventional loan may not be the right fit. At [Your Company Name], we specialize in alternative and Non-Qualified Mortgage (Non-QM) loans that provide flexible solutions to help you achieve your real estate dreams.
A Non-QM loan is a mortgage that falls outside of the strict rules of a Qualified Mortgage (QM). While a QM loan requires extensive documentation like W-2s and tax returns, a Non-QM loan offers alternative ways to verify your ability to repay. This flexibility makes them an ideal solution for borrowers who may not fit the traditional mold.
Who can benefit from Non-QM loans?
We offer a diverse range of loan products designed for various needs and situations. Explore our options below to find the perfect solution for you.
Perfect for self-employed professionals, a Bank Statement Loan allows you to qualify for a mortgage using your personal or business bank statements instead of traditional tax returns. We analyze your cash flow to determine your qualifying income, providing a clear path to homeownership without the hassle of extensive paperwork.
Designed specifically for real estate investors, the DSCR Loan focuses on the investment property's cash flow, not your personal income. Lenders use the Debt Service Coverage Ratio (DSCR) to determine if the property's rental income is sufficient to cover its monthly expenses, including the mortgage payment.
"No Doc" (no documentation) and "No Ratio" loans are streamlined financing options that require minimal documentation and don't rely on your personal debt-to-income (DTI) ratio. Instead, these loans prioritize your credit history and the property's value.
A P&L (Profit & Loss) Only loan is an excellent solution for business owners who may not have filed recent tax returns but can provide a strong, CPA-prepared P&L statement. This option allows you to leverage your business's profitability to qualify for financing.
Asset-Based Loans are a powerful tool for high-net-worth individuals. Instead of relying on income, these loans use a borrower's liquid assets, such as stocks, bonds, or cash, as the basis for loan approval.
For real estate investors, our Fix n' Flip and Rehab loans provide fast access to capital for purchasing and renovating properties. These are often structured as short-term, hard money loans that focus on the property's after-repair value (ARV) and your experience as a real estate investor.
A bank statement loan is a type of mortgage that allows a self-employed borrower to qualify using their business or personal bank statements, rather than traditional income documents like W-2s or tax returns.
This loan program is flexible and can be used for both owner-occupied and non-owner-occupied
A no-doc loan is a mortgage program that does not require employment or income verification. The program relies on credit, down payment and reserve assets. The program typically requires a 20% down payment, a 680 credit score, and 6-12 months of reserves.
A fix-and-flip loan is a short-term, asset-based loan designed for real estate investors who purchase a distressed property, renovate it, and then sell it quickly for a profit. Unlike traditional mortgages, these loans are based on the property's after-repair value (ARV) and the project's viability, not the borrower's personal income.
