Here’s why non-QM loans are great for self-employed homebuyers.

Non-QM loans are loans that are not traditionally qualified. In other words, you don’t use your typical W-2s and tax returns to qualify for them. On the owner-occupied side, non-QM loans work fabulously for buyers who are self-employed. There is a lot of flexibility which can help get you qualified.

For non-owner occupied or investment properties, non-QM loans work even better. The underwriting approach is very creative, and the rates for these loans are very favorable. The income documentation flexibility is huge, especially if you’re looking to invest in real estate.

If you have questions about non-QM or any other type of loan, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.