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Non-QM Loans in Manchester, NH

Find lenders offering non-qm loans in the Manchester, including Nashua, Concord, Derry, 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 Manchester

33 lenders offering non-qm loans in the Manchester, NH 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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Manchester Commercial Real Estate Market

Manchester is New Hampshire's largest city and the economic center of the southern part of the state, benefiting from its proximity to Boston (50 miles south) and the absence of state income and sales taxes that attract businesses from neighboring Massachusetts. The Millyard, a historic mill complex along the Merrimack River, has been repurposed into over one million square feet of office and flex space housing tech companies, SNHU's administrative offices, and the University of New Hampshire's Manchester campus. The South Willow Street corridor serves as the metro's primary retail and commercial strip, while Elm Street downtown has seen a resurgence in restaurant, hospitality, and mixed-use projects. The Manchester-Boston Regional Airport provides commercial air service that further enhances the city's appeal for corporate tenants seeking alternatives to Boston's higher costs.

Key Economic Drivers

  • Southern New Hampshire University (SNHU) headquartered in the Millyard, employing thousands in administrative and tech roles
  • Tax advantage migration from Massachusetts driving demand for office space from Boston-area firms
  • Elliot Hospital and Catholic Medical Center as major healthcare employers generating medical office demand
  • Manchester-Boston Regional Airport supporting business travel and logistics for the southern NH corridor

Market Insight

New Hampshire's lack of state income tax and sales tax gives Manchester-based businesses a measurable cost advantage over competitors across the border in Massachusetts, contributing to consistent positive net office absorption as companies relocate from the Boston metro.

Non-QM Loans in Manchester, New Hampshire

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 Manchester metro area, borrowers can access 33 lenders offering Non-QM financing, including Nashua, Concord, Derry, 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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