LOAN PROGRAM
Non-QM Loans
An alternative path for less traditional finances.
How it works.
Non-QM mortgages can offer different ways to document ability to repay when a borrower does not fit standard qualified mortgage criteria. They may be worth discussing for self-employed buyers or those with nontraditional income.
At a glance
- Alternative documentation may be possible
- Useful to discuss when standard guidelines do not fit
- Costs and requirements vary by lender
What to consider
Terms, documentation, down payments, and rates can differ substantially by lender. These loans can cost more than traditional mortgages. Compare the full loan estimate and long-term payment before moving ahead.
Program details and qualification depend on the lender and your circumstances.
Explore your next step
Get guidance on eligibility, costs, and how this option compares with others.