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Non-QM Loans

A Non-QM (Non-Qualified Mortgage) is an excellent alternative to secure a mortgage without the conventional constraints of income verification, credit scores, or job history. A Non-QM (Non-Qualified Mortgage) loan is a type of mortgage that doesn't meet the strict standards set for Qualified Mortgages by the Consumer Financial Protection Bureau (CFPB).

Key Features of Non-QM (Non-Qualified Mortgage) Loan Programs

Flexible income verification methods
Higher debt-to-income ratios compared to traditional mortgages
Potential for lower credit score acceptance
Ability to finance a wide range of property types
Less stringent underwriting guidelines compared to qualified mortgages
Larger down payment
Alternative credit scoring and documentation (such as bank statements, asset-based income, rental income, and other non-standard forms of income verification)
May offer flexible monthly payment options, including interest-only periods.
A large variety of Non-QM loan products
Path to dream of homeownership and real estate investment without the stringent constraints of conventional mortgages

Who Should Consider a Non-QM Mortgage

Self-employed professionals
Real estate investors
Small business owners
Borrowers with recent credit events like bankruptcy or foreclosure
Retirees looking for a second home
High-Net-Worth individuals
Non-U.S. citizens looking to purchase property in the United States
Anyone who doesn't meet typical mortgage qualifications but has the ability to repay the loan based on alternative income verification methods

Types of Non-QM Loans offered by Premium Mortgage Demo

At Premium Mortgage Demo, we specialize in Conventional and Non-QM loans and have extensive experience in purchase, refinance and cash-out scenarios.

Have a question? Call our loan advisor at 877 123 XXXX or click the button below to request a free consultation with one of our mortgage advisors.

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