With many borrowers today not having traditional 9-5 jobs, qualifying for a government-backed or traditional loan can prove to be more difficult. With non-qualified mortgages (non-QM loans), the American dream is within reach for Americans with more specialized circumstances.
Non-QM Loans Explained
Non-QM loans are those not backed by government agencies such as FHA, VA, Fannie Mae, Freddie Mac or Ginne Mae. These loans are not overseen by the Consumer Financial Protection Bureau (CFPB) and don’t require the same type of income verification that government-backed or qualified mortgages do.
Without those traditional forms of income verification though, how does a lender ensure that they’ve done their due diligence to properly qualify a borrower? Good question!
Convinced that a non-QM loan may be the loan for you? Reach out to one of our qualified loan originators today to get started.
Erik is so down to earth, easy to work with and very
responsive to texts and phone calls. The real estate business in a
"busy" business, but Erik always found time to find solutions and
communicate with my clients and with myself. Definitely will continue to do
business with him again.
Melissa S M
Scott was the reason I went with this company. He was always reachable, very knowledgeable and knew the market and provided great updates on what to expect.
Julie S
Billy does a great job and does an excellent job communicating.
Noe G M
I just liked a great job!
Raonel G B
Very professional team - great job!
Thomas J B
Todo perfecto!
Reinier T
Good loan officer! Always helping us out with any questions!
Julian A J
Scott is the only lender we will use. He is on top of everything and makes the process so smooth and stress-free. He goes above and beyond during the buying process and beyond that he reached out during birthdays and special events. We have learned through watching the people currently buying our house that not all lenders are like that. We appreciate Scott and his team so much!
Amber B
None. Everything went smoothly!
John M
Scott and his team were great to work with; any questions I had about my client were answered in a timely matter.
Felicia F
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