Non QM Home Loans - No Tax Returns or W-2's Required
Self Employed Mortgage Specialists
No Tax Returns or W-2's Required
Compare Rates from 50+ Lenders
Top Non QM & Bank Statement Lender for Self-Employed Borrowers
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Self-Employed & 1099 Bank Statement Loans
Same Day Approval & Fast Close
We Offer Rates From 100+ Lenders
Loan Amounts $200,000 to $6,000,000
620 Minimum Score Requirements
What is a Non-QM Loan?
A Non-Qualified Mortgage (Non-QM) Loan is a type of home loan that doesn’t fit traditional lending guidelines set by Fannie Mae or Freddie Mac. Unlike conventional loans, which require strict income verification and debt-to-income (DTI) ratios, Non-QM loans offer alternative qualification methods, making them ideal for self-employed individuals, real estate investors, and borrowers with non-traditional income sources.
Why Use a Non-QM Loan?
Flexible Income Documentation – No need for traditional W-2s or tax returns
Higher Debt-to-Income Ratios Accepted – More borrowing power compared to conventional loans
Fast & Streamlined Approval Process – Less paperwork, quicker closings
Competitive Loan Terms – Adjustable and fixed-rate options available
Financing for Unique Situations – Great for business owners, investors, and unconventional earners
Who is Eligible for a Non-QM Loan?
Non-QM loans are designed for borrowers who may not qualify for conventional financing due to income verification or credit requirements. You might be eligible if you are:
Self-Employed – Use bank statements instead of tax returns to prove income
Real Estate Investors – Qualify based on rental income (DSCR loans)
Freelancers & Gig Workers – Flexible income documentation accepted
Borrowers with High Assets – Use asset depletion for qualification
Foreign Nationals – Secure financing without U.S. credit history
Individuals with Recent Credit Events – Such as bankruptcy, foreclosure, or late payments
Advantages & Disadvantages of Non-QM Loans
Advantages:
Easier qualification for self-employed and non-traditional income borrowers
Higher loan amounts available compared to conventional loans
No strict DTI ratio requirements
Great for self employed borrowers of all types and real estate investors
Disadvantages:
Interest rates may be slightly higher than traditional loans
10% down payments are typically required
Fewer lenders offer Non-QM loans compared to conventional mortgages
Find Out What You Qualify For:
If you're a self-employed borrower, real estate investor, or someone with unique income, a Non-QM loan could be the perfect financing solution for you. Click below to check your eligibility and get a custom loan quote today!
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