Non-QM Loans
Mortgage options when your income doesn’t fit the box.
Non-QM loans are mortgages that use alternative ways to document income or qualify. They’re designed for self-employed borrowers, real estate investors, and others with strong finances that don’t fit traditional guidelines.
Non-QM Loans at a Glance
Bank statement loans
Self-employed borrowers can qualify using 12 or 24 months of personal or business bank statements instead of tax returns.
DSCR loans for investors
Qualify for a rental property based on the property’s rental income compared with its payment, rather than your personal income.
Asset-based qualification
Borrowers with significant savings or investments may be able to qualify based on their assets instead of employment income.
1099 and P&L options
Independent contractors and business owners may be able to qualify using 1099s or a profit-and-loss statement.
Recent credit events
Some programs can consider borrowers sooner after a bankruptcy, foreclosure, or short sale than traditional loans allow.
Know the trade-offs
Non-QM loans typically have higher rates and larger down payment requirements than conventional loans. They make sense when the flexibility is worth the cost.
Non-QM programs, terms, and availability vary by lender and borrower. All loans are subject to credit approval and underwriting guidelines.
Non-QM Loan Guides
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What Is a DSCR Loan? Financing an Investment Property With Rental Income
A DSCR loan qualifies you on a rental property’s income instead of your tax returns. Learn how the ratio works, what documents you need, who it’s best for, and the trade-offs.
Wondering if a non-QM loan fits?
Every scenario is different. Talk it through with a Solido Group loan officer to see whether a traditional or non-QM loan makes more sense.
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