🔓

Non-QM Loans

Mortgages for borrowers who don't fit the conventional mold

Non-Qualified Mortgage (Non-QM) loans are for borrowers who don't meet conventional lending criteria — self-employed, irregular income, recent credit events, or foreign nationals. They use alternative documentation like bank statements, asset depletion, or property cash flow to qualify.

Find Non-QM Lenders →

Loan Range

$100K – $5M

Typical Rate

6.5% - 10%

Down Payment

10-25%

Term

15-30 years

Closing Time

2-4 weeks

🎯 Best For

• Self-employed borrowers
• Bank statement borrowers
• Foreign nationals
• Recent credit events (bankruptcy, foreclosure)

✅ Advantages

✓ Alternative income documentation
✓ Flexible credit requirements
✓ Available soon after credit events
✓ Interest-only options

⚠️ Considerations

• Higher rates than conventional
• Larger down payment
• Limited lender options
• May require reserves

Non-QM Loan Requirements

✓ Alternative income documentation
✓ Down payment 10-25%
✓ Property appraisal
✓ Minimum credit score varies (580-680)

Top Non-QM Lenders

33 lenders offer non-qm loans nationwide.

See all lenders →

A&D Mortgage

Fort Lauderdale, FL

Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.

Nationwide

View →

Angel Oak Mortgage Solutions

Atlanta, GA

Major non-QM and DSCR lender. Investor cash flow loans up to $1.5M. 40-year terms with interest-only options. No limit on properties.

$100K – $2M Nationwide

View →

Athas Capital Group

Wholesale non-QM lender offering bank statement, DSCR, asset qualifier, and foreign national programs.

Nationwide

View →

Carrington Mortgage Services

Anaheim, CA

Non-QM specialist accepting credit scores as low as 500-550. Programs for borrowers with recent bankruptcy, foreclosure, or non-traditional income. Government and conventional loans too.

Nationwide

View →

CrossCountry Mortgage

Cleveland, OH

Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.

Nationwide

View →

Defy Mortgage

DSCR lender with flexible terms. Accepts DSCR as low as 0.75 or no ratio. Up to 85% LTV on SFR purchases. Available in 35+ states.

$100K – $3M Nationwide

View →

Griffin Funding

Nationwide DSCR lender. No income verification, DSCR as low as 0.75. Up to $5M loan amounts. Also offers VA, conventional, and non-QM loans.

$100K – $5M Nationwide

View →

JMAC Lending

DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.

Nationwide

View →

Find Non-QM Lenders by State

AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC

Non-QM Loans FAQ

What is a bank statement loan? ▼

A type of Non-QM loan where you qualify using 12-24 months of personal or business bank statements instead of tax returns or W-2s. Popular with self-employed borrowers whose tax returns don't reflect their actual income.

Are Non-QM loans safe? ▼

Yes. Non-QM doesn't mean subprime. These are legitimate mortgage products with responsible underwriting — they just use different documentation methods than conventional loans. They became more regulated after the 2008 crisis.

Are you a lender offering non-qm loans?

Aloan helps commercial lenders underwrite Non-QM deals faster with AI-powered analysis. Reduce turnaround from weeks to minutes.

Exploring loan origination systems? Browse the LOS Directory.

Learn About Aloan →

Find Non-QM Lenders for Your Deal

Tell us about your property and we'll match you with lenders offering non-qm loans.

Get Matched — Free →