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Non-QM Loans in Idaho Falls, ID

Find lenders offering non-qm loans in the Idaho Falls, including Rexburg, Ammon, 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 Idaho Falls

33 lenders offering non-qm loans in the Idaho Falls, ID area.

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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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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Defy Mortgage

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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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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Acra Lending

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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Arc Home

NJ

Wholesale and correspondent lender offering DSCR loans for real estate investors. Part of Angelo Gordon's platform with competitive non-QM pricing.

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Idaho Falls Commercial Real Estate Market

Idaho Falls serves as the commercial hub of eastern Idaho and is uniquely anchored by the Idaho National Laboratory (INL), the U.S. Department of Energy's lead nuclear research facility, which employs over 5,500 people and drives demand for office, laboratory, and technical space. The downtown Snake River corridor has attracted modest mixed-use development, but the primary commercial growth occurs along the Hitt Road and Sunnyside Road retail corridors. The metro also serves as a regional trade center for agriculture — particularly potato farming and cattle ranching — which supports ag-related industrial and warehouse demand. Rexburg, home to Brigham Young University-Idaho, contributes a growing student-driven economy to the north.

Key Economic Drivers

  • Idaho National Laboratory nuclear research and clean energy employment
  • Regional agricultural trade center for eastern Idaho's potato and cattle industries
  • BYU-Idaho in Rexburg driving student housing and ancillary retail demand
  • Healthcare expansion at Eastern Idaho Regional Medical Center

Market Insight

The U.S. Department of Energy has designated INL as a hub for advanced nuclear reactor development and clean energy research, with billions in federal investment planned over the coming decade — this is expected to drive sustained growth in technical office and laboratory space demand in the Idaho Falls area.

Non-QM Loans in Idaho Falls, Idaho

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 Idaho Falls metro area, borrowers can access 33 lenders offering Non-QM financing, including Rexburg, Ammon, 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

Non-QM Loans in Other Idaho Cities

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