Flexible Solutions
Different income situations call for different documentation. Our Non-QM options include the three documentation paths below. We’ll help you explore which available program may fit your circumstances.
Guidelines vary by lender and scenario. This page is general information only and is not a commitment to lend.
For eligible employed borrowers whose income can be evaluated through employer-provided verification. The lender determines the verification and supporting documents required.
For eligible independent contractors and self-employed borrowers receiving income reported on Form 1099. The lender reviews 1099 records and any supporting information required by the program.
For eligible self-employed borrowers and business owners whose income can be evaluated using bank statements. The lender reviews qualifying deposits, their sources, and other required financial information. Read the bank statement loan guide.
Documentation options do not guarantee approval. Program availability, income calculations, and underwriting requirements vary by lender and borrower circumstances.
Questions
No. Non-QM loans still require underwriting, documentation, ability-to-repay review, property approval, and lender guidelines. The difference is that documentation and program rules may be more flexible than agency loans.
No. Many strong borrowers use Non-QM because of income structure, assets, property type, or investment strategy. Credit still matters, but it is only one part of the review.
Common Non-QM scenarios include self-employed income, bank statement income, DSCR investment properties, asset-based qualification, non-warrantable condos, or borrowers who need a flexible second look.
