Specialty Loan Programs

Non-QM loans are built for people who are financially strong but do not fit traditional guidelines. That includes self-employed buyers, high asset households, and investors who want loans based on real cash flow or assets rather than strict W-2 income.

Fast facts

• Typical minimum credit score: Often higher than standard loans. The exact minimum depends on the program.
• Typical down payment: Often 10 to 20 percent or more.
• Property types: Primary homes, second homes, and investment properties depending on the product.
• Manufactured homes: Very program specific — we look at the property and loan type together.
• Rate types and terms: Usually fixed rate with a range of terms. Some ARMs are available but we only use them when they clearly match your strategy.

Best fit for you if

• You are a business owner whose tax returns do not reflect your true cash flow.
• You have significant assets but modest reported income.
• You are an investor looking for a DSCR loan that qualifies based on the property’s rental income.

Big perks

• Bank statement loans use deposits instead of tax returns for income qualification.
• Asset depletion turns savings and retirement accounts into qualifying income.
• DSCR loans qualify mainly on whether the rents cover the payment — not your personal income.
• STR DSCR: We offer a program that uses short-term rental data digitally to qualify income on investment property purchases. This works especially well in high-demand STR markets where long-term rents are unavailable or too low to qualify.

Keep in mind

• Rates and costs are normally higher than standard conventional or FHA.
• Down payment requirements are often higher.
• We always try to qualify you for a regular FHA, VA, or conventional loan first and only use non-QM when it actually makes sense.