Solutions
Non-QM & Alternative Programs
ARMs to 40 years, interest-only, asset utilization, recent-credit-event loans — the tools for files that don’t fit a box.
“Non-QM” simply means a loan outside the narrow Qualified Mortgage rulebook. It is not a lesser loan — it is a wider toolbox, built for strong borrowers whose situations are not standard.
The tools in the box
- Asset utilization / asset depletion — qualify on your liquid assets, converting a strong balance sheet into qualifying income.
- Interest-only structures for cash-flow-minded borrowers.
- Adjustable-rate mortgages, including terms stretched to 40 years to lower the payment.
- Recent credit event programs for borrowers rebuilding after a past hardship, often sooner than the agencies allow.
- Non-warrantable condo and unique-property financing.
Who this serves
Retirees rich in assets but light on income. Entrepreneurs between liquidity events. Buyers recovering from a one-time setback that does not reflect who they are today. Owners of properties the agencies will not touch. If your file has a reason behind every number, there is very likely a program for it.
Pro tip
The phrase to use with us is simply: “here is my situation.” Non-QM is where judgment and relationships matter most, and where a lender who knows the investors can find a yes that a rate-table shopper never will.
Best fit: strong borrowers who have been told “you do not fit.” Fitting is our specialty.
Common questions
Is a non-QM loan risky or predatory?
No. Non-QM loans still follow ability-to-repay and consumer-protection rules; they simply qualify income and credit through methods the standard rulebook does not cover. For the right borrower they are the responsible path, not a risky one.
Can I refinance out of a non-QM loan later?
Frequently, yes — that is often the plan. Use the program that gets you in today, build equity and a track record, and refinance into conventional terms when your file fits the box.