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Non-QM Loans in Eugene, OR

Find lenders offering non-qm loans in the Eugene, including Springfield, Cottage Grove, 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 Eugene

33 lenders offering non-qm loans in the Eugene, OR 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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Eugene Commercial Real Estate Market

Eugene's commercial real estate market is heavily influenced by the University of Oregon, whose 24,000-student campus generates demand for student housing, retail, and office space in the surrounding neighborhoods of West University, downtown, and the Whiteaker district. The city has emerged as a center for sustainable technology and outdoor industry businesses, with firms like Bi-Mart and local athletic apparel companies maintaining a presence. The Gateway area along I-5 and the Chad Drive industrial corridor are the primary nodes for distribution and light manufacturing. Eugene's market is characterized by limited new construction due to the urban growth boundary and a tenant mix that skews toward smaller, locally owned businesses and nonprofits.

Key Economic Drivers

  • University of Oregon campus and its Knight Campus for Accelerating Scientific Impact driving research-related demand
  • PeaceHealth Sacred Heart Medical Center, the region's largest hospital and employer
  • Lane County government operations and social services sector
  • Outdoor recreation and sustainable products companies leveraging the Eugene lifestyle brand

Market Insight

The University of Oregon's $1 billion Knight Campus for Accelerating Scientific Impact has spurred adjacent demand for lab space, researcher housing, and commercial services in the blocks surrounding the campus, creating a new innovation-district submarket.

Non-QM Loans in Eugene, Oregon

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 Eugene metro area, borrowers can access 33 lenders offering Non-QM financing, including Springfield, Cottage Grove, 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 Oregon Cities

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