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Non-QM Loans in San Diego, CA

Find lenders offering non-qm loans in the San Diego, including Chula Vista, Carlsbad, Oceanside, and surrounding areas. Compare rates, terms, and programs from 33 lenders.

Lenders
33
Typical Rate
6.5% - 10%
Down Payment
10-25%
Term
15-30 years
Closing Time
2-4 weeks

Non-QM Lenders Serving San Diego

33 lenders offering non-qm loans in the San Diego, CA area.

Athas Capital Group

Local

CA

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

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Carrington Mortgage Services

Local

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.

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Griffin Funding

Local

CA

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
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JMAC Lending

Local

CA

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

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New American Funding

Local

Tustin, CA

Large national lender offering non-QM programs including bank statement loans, asset-based loans, and jumbo non-QM. Max loan $2.5M. Also offers conventional and government loans.

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Truss Financial Group

Local

CA

Tailored DSCR and non-QM mortgage solutions. 30-year fixed DSCR loans from $100K to $3M. Also offers 'no ratio' loans.

$100K – $3M
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Acra Lending

Local

CA

Wholesale non-QM lender with a dedicated DSCR program for investment properties. Offers bank statement, asset qualifier, and foreign national programs alongside DSCR.

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Newfi Wholesale

Local

Emeryville, CA

Wholesale lender offering DSCR investor loans alongside bank statement, asset qualifier, and jumbo non-QM products. Known for flexible underwriting guidelines.

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HomeXpress Mortgage

Local

CA

Wholesale non-QM lender offering DSCR loans for 1-4 unit investment properties. Fast turn times with competitive investor pricing and no income verification required.

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Oaktree Funding

Local

CA

Wholesale non-QM lender providing DSCR loans for real estate investors. Specializes in bank statement, asset depletion, and investor cash flow programs.

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Kind Lending

Local

Santa Ana, CA

Wholesale lender founded by industry veterans offering DSCR loans for rental investors. Competitive non-QM products with fast underwriting and broker-friendly service.

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Change Lending

Local

CA

Wholesale lender with a dedicated DSCR program for real estate investors. Offers competitive non-QM products including bank statement and asset qualifier loans.

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A&D Mortgage

Fort Lauderdale, FL

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

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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
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CrossCountry Mortgage

Cleveland, OH

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

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San Diego Commercial Real Estate Market

San Diego's CRE market is distinguished by its concentration of life sciences and defense sector tenants, with the Torrey Pines/UTC corridor housing one of the nation's densest biotech clusters alongside major institutions like Scripps Research, Salk Institute, and UC San Diego. The Sorrento Valley and Kearny Mesa submarkets serve as the region's primary life sciences and tech office nodes, while the Otay Mesa border crossing area supports cross-border logistics and manufacturing operations with Tijuana. Downtown San Diego's East Village and Little Italy neighborhoods have densified with mixed-use and multifamily projects. The Carlsbad and Oceanside coastal submarkets attract lifestyle-oriented office tenants and have seen growing interest from defense technology firms.

Key Economic Drivers

  • Biotech and life sciences corridor (Illumina, Dexcom, Neurocrine Biosciences) in Torrey Pines/UTC
  • Naval Base San Diego, Marine Corps Air Station Miramar, and defense contractor presence
  • UC San Diego research campus and Scripps Research/Salk Institute complex
  • Cross-border manufacturing and logistics with Tijuana via Otay Mesa

Market Insight

San Diego's life sciences sector commands among the highest lab space rents in the country, and purpose-built lab and R&D facilities in the Torrey Pines corridor routinely achieve lease rates 40-60% above conventional office space in the same submarket.

Non-QM Loans in San Diego, California

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. In the San Diego metro area, borrowers can access 33 lenders offering Non-QM financing, including Chula Vista, Carlsbad, Oceanside, and surrounding areas. Loan amounts typically range from $100K to $5M with rates from 6.5% - 10%.

Who Should Consider Non-QM Loans?

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

Key Requirements

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

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

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