Non-QM Loans in San Antonio, TX
Find lenders offering non-qm loans in the San Antonio, including New Braunfels, Schertz, Boerne, and surrounding areas. Compare rates, terms, and programs from 33 lenders.
Which Non-QM lenders serve San Antonio?
33 lenders offering non-qm loans in the San Antonio, TX area.
Finance of America
LocalPlano, TX
National lender with DSCR rental property loans through its commercial division. Also offers reverse mortgages and business purpose lending for investors.
MortgageRight
LocalAustin, TX
National wholesale lender with DSCR programs for rental property investors. Offers competitive rates with streamlined processing for investment properties.
A&D Mortgage
Fort Lauderdale, FL
Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.
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.
Athas Capital Group
CA
Wholesale non-QM lender offering bank statement, DSCR, asset qualifier, and foreign national programs.
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.
CrossCountry Mortgage
Cleveland, OH
Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.
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.
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.
JMAC Lending
CA
DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.
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.
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.
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.
Sprout Mortgage
New York, NY
Non-QM wholesale lender. Bank statement, asset depletion, foreign national, and investor programs.
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.
What does the San Antonio commercial real estate market look like?
San Antonio's CRE market is shaped by a large military presence, a booming biosciences sector, and a tourism economy driven by the Alamo, the River Walk, and convention activity. Joint Base San Antonio — encompassing Fort Sam Houston, Lackland AFB, and Randolph AFB — is the city's largest employer and supports significant off-base commercial and hospitality demand in the surrounding corridors. The South Texas Medical Center on Fredericksburg Road is one of the largest medical employment concentrations in the state, generating sustained demand for medical office and life sciences space. The I-35 corridor north toward New Braunfels and the 1604 Loop suburban ring are the primary growth areas for retail, industrial, and multifamily development, while the Pearl Brewery district has become a nationally recognized adaptive reuse success story.
Key Economic Drivers
- ●Joint Base San Antonio (Fort Sam Houston, Lackland, Randolph), the largest joint military installation in the U.S.
- ●South Texas Medical Center corridor including UT Health San Antonio, Methodist Healthcare, and Christus Health
- ●Toyota Motor Manufacturing Texas truck plant and associated supplier network on the south side
- ●Tourism and convention economy anchored by the River Walk, Alamo, and the Henry B. Gonzalez Convention Center
Market Insight
San Antonio's cybersecurity industry has grown significantly due to the military's cyber operations presence at Lackland AFB and Port San Antonio, creating a specialized demand for secure office space and data center facilities in the surrounding corridors.
How do non-qm loans work in San Antonio, Texas?
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 Antonio metro area, borrowers can access 33 lenders offering Non-QM financing, including New Braunfels, Schertz, Boerne, 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)
What are the 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 San Antonio FAQ
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