A Non-Qualified Mortgage (Non-QM) Loan is a type of mortgage that does not meet the qualified mortgage standards established by the Consumer Financial Protection Bureau (CFPB). Unlike conventional loans, Non-QM Loans provide options for borrowers who may not meet strict income, asset, or credit requirements.
Features of a Non-QM Loan:
Benefits of a Non-QM Loan:
Non QM Loans We Offer:
It's important to note that Non-QM Loans may have different qualification requirements and may carry higher interest rates or fees compared to conventional loans. However, they provide valuable options for borrowers who do not meet the strict guidelines of qualified mortgages.
If you're looking for a mortgage outside the traditional lending criteria, a Non-QM Loan can offer the flexibility and opportunities you need. Contact us today to learn more and explore how a Non-QM Loan can help you achieve your homeownership or real estate investment goals.
Alliance Mortgage Lending is a Mortgage Broker in San Clemente, we provide Non QM Loans and DSCR Loans in all of California, including these counties: Orange County, San Diego County, Los Angeles County, Riverside County, San Bernardino County, Alameda County, Contra Cost County, Marin County, Monterey County, Napa County, San Benito County, San Francisco County, San Mateo County, Santa Cruz County, Sonoma County and Ventura County.