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Non-QM Loans in Sarasota, FL

Find lenders offering non-qm loans in the Sarasota, including Bradenton, Venice, Lakewood Ranch, 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 Sarasota

33 lenders offering non-qm loans in the Sarasota, FL area.

A&D Mortgage

Local

Fort Lauderdale, FL

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

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Defy Mortgage

Local

FL

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
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Residential Mortgage Solutions

Local

FL

Wholesale lender offering DSCR loans for investment properties. Provides non-QM solutions including bank statement, asset depletion, and investor programs.

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Triad Financial Services

Local

Jacksonville, FL

National lender offering DSCR programs for manufactured housing and traditional investment properties. Niche expertise in factory-built home financing for investors.

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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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Athas Capital Group

CA

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

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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.

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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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Griffin Funding

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

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

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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North American Savings Bank

Kansas City, MO

Offers 11 types of non-QM loans including bank statement, asset depletion, DSCR, and bridge. 100,000+ mortgages closed since 2010, $30B+ loaned.

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Rocket Mortgage

Detroit, MI

Nation's largest online home lender. Offers some non-QM products alongside conventional, FHA, VA, and jumbo loans. Fully digital application process.

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Sprout Mortgage

New York, NY

Non-QM wholesale lender. Bank statement, asset depletion, foreign national, and investor programs.

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Truss Financial Group

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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Sarasota Commercial Real Estate Market

Sarasota's commercial real estate market has benefited from accelerating population growth and wealth migration, particularly from the Northeast and Midwest, making it one of the fastest-growing metros on Florida's Gulf Coast. The downtown core along Main Street and the Rosemary District has seen significant mixed-use and boutique office development, while Lakewood Ranch — one of the top-selling master-planned communities in the U.S. — anchors commercial growth to the east. Medical office demand is elevated, driven by Sarasota Memorial Hospital's expansion and a growing population of retirees. The University Town Center area has emerged as a major retail and office node competing with the traditional downtown market.

Key Economic Drivers

  • Lakewood Ranch master-planned community driving suburban office, medical, and retail demand
  • Sarasota Memorial Hospital system expansion and medical office construction
  • Wealth migration from high-tax states fueling luxury retail and boutique office demand
  • University Town Center corridor as a regional retail and Class A office hub

Market Insight

Sarasota County saw one of the highest rates of net domestic in-migration per capita among Florida counties in recent years, and the resulting demand pressure has pushed commercial land prices up significantly — particularly in the Fruitville Road and Palmer Ranch corridors.

Non-QM Loans in Sarasota, Florida

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 Sarasota metro area, borrowers can access 33 lenders offering Non-QM financing, including Bradenton, Venice, Lakewood Ranch, 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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