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Non-QM / Alt-Doc Loans

Flexible qualifying for self-employed investors, high earners, and complex income.

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Overview

Non-QM (Non-Qualified Mortgage) loans use alternative income documentation for real estate investors who don't fit conventional underwriting — self-employed borrowers, investors with many write-offs, high-net-worth individuals with complex income, and recent credit events. Qualify using 12–24 months of bank statements, asset depletion, P&L statements, or 1099 income instead of W-2s and tax returns.

  • No tax returns or W-2s required — use bank statements or P&L instead
  • Works for self-employed investors with significant business write-offs
  • Recent credit events (bankruptcy, foreclosure) may still qualify

Loan Specifications

Min Amount

$150,000

Max Amount

$5,000,000+

Loan Term

5–30 years

Max LTV

Up to 80%

Amortization

30 years

Rate Type

Fixed or Floating (7–11%+)

Eligibility Criteria

  • Investment or owner-occupied properties (varies by program)
  • Self-employed borrowers, 1099 earners, business owners, high-net-worth individuals
  • Minimum 620–680 credit score depending on program
  • 10–25% down payment depending on documentation type
  • 2 years self-employment history preferred

Required Documents

Documents are uploaded through our encrypted secure portal, stored on Cloudflare R2 enterprise storage, and only accessible to your assigned broker via a private link. Never shared with third parties.

  • 12 or 24 months personal or business bank statements (primary qualification)
  • OR: CPA-prepared P&L statement
  • OR: 1099 income statements (2 years)
  • OR: Asset depletion schedule (for high-net-worth borrowers)
  • Business license or CPA letter confirming self-employment
  • Property appraisal
  • Entity documents if purchasing through an LLC

Frequently Asked Questions