What is a Non-QM Loan?

A Non-Qualified Mortgage (Non-QM) loan is a type of mortgage loan that allows you to qualify based on alternative methods instead of the traditional income verification required for most loans. Common examples include using bank statements to determine a self-employed borrower’s cash flow, qualifying investors based on the cash flow of the investment property, or using assets as income.

How Does a Non-QM Loan Work?

A Non-QM loan allows applicants to qualify based on alternative methods, instead of the traditional income verification required for most loans. Common examples include bank statements or using assets as income.

Is a Non-QM Loan Right for You?

Contact one of our Non-QM Loan specialists to learn more about how a Non-QM Loan works, find out if you qualify, and review your options.


  • Bank Statement Loans
  • 1099s Self-Employed
  • P&L Validated with 2 Mos Bank Statements
  • Asset Utilization
  • Debt Service Coverage Ratio Loans (DSCR)
  • Mixed Use and Multi-Family DSCR
  • Investment Loans closed in LLC or Corp Name
  • ITIN Available for OO, 2nd Homes, and NOO
  • ITIN Bank Statement Loans
  • Non-Warrantable Condos/Condotels
  • Expanded Credit Scores and DTIs
  • 40-Year Term Loans
  • Second Liens
  • Cash Out and Debt Consolidation Loans


Get Preapproved Today

Our easy preapproval process gives you the preliminary answers you need to qualify, so you can borrow the maximum amount you need to purchase your dream home.


NQM Funding, LLC (NMLS # 75597) dba - Premier Mortgage Associates; Villa Home Loans; Texas: Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov - nmlsconsumeraccess.org