What are Non-QM Loans?

Non-QM loans are mortgage loans that do not conform to the standard qualifying criteria of a Qualified Mortgage (QM). They are tailored for individuals who may not meet typical underwriting guidelines due to income variability, high net worth, or unconventional income sources. Our Non-QM loans provide a path to homeownership for borrowers who might otherwise be overlooked by traditional lenders.

Key Features of the Advisors Alternative Non-QM Loans:

• Specialty Loan Product: These loans are tailored for borrowers who are self-employed.
• Diverse Term Options: Choose from 5-year, 7-year, and 10-year ARMs, or a 30-year, 40-year fixed options, allowing you the flexibility to match your loan term with your financial plans.
• High Loan Limits: We offer loans ranging from $100k to an impressive $3.5 million, ensuring that your financing needs are met, no matter the scale of your investment.
• Liberal Financing Conditions: Up to 75% financing with Interest-Only options available, making your payments more manageable.
• Investor Friendly: Perfect for 1-4 unit financing including condos, and available for foreign nationals, entities, and trusts.
• No DSCR Ratio Limitation: We accept Debt Service Coverage Ratios under 1, providing flexibility for real estate investors.
• Flexible Documentation Requirements: W2s and income documentation are not required, simplifying the application process and speeding up loan approval.

Benefits of Choosing Non-QM Loans with Advisors Mortgage:

• No Prepayment Penalties: Choose between 5-year prepay or opt for no prepay options, giving you the freedom to manage your finances your way.
• Accessibility: These loans are ideal for self-employed individuals, entrepreneurs, and foreign investors who might find it challenging to provide traditional proof of income.
• Quick Closing Times: Our streamlined process helps ensure that your loan closes quickly, so you can move forward with your investment without delay.

How to Apply for a Non-QM Loan:

Applying for a Non-QM loan at Advisors Mortgage is straightforward. Contact us today, and one of our experienced loan officers will guide you through the application process, discussing your needs and helping you choose the right financing option. Whether you're looking to invest in real estate, purchase a new home, or refinance an existing property, our team is here to provide the financial solutions you need.

These loans are arranged with third party providers.