Non-QM Loans for Self-Employed & Real Estate Investors
If you’re self-employed, a business owner, investor, or someone whose income doesn’t fit neatly into W-2 guidelines, a Non-QM loan (Non-Qualified Mortgage) can help you qualify based on your real financial picture — not just what’s on paper.
What is a NON-QM Loan?
A Non-QM loan (short for Non-Qualified Mortgage) is designed for borrowers who can afford a mortgage but don’t meet standard documentation rules set by Fannie Mae or Freddie Mac.
Instead of relying on tax returns or W-2s, Non-QM loans use alternative methods to verify income — such as bank statements, rental income, or assets — making them ideal for:
Self-employed professionals with write-offs
Real-estate investors
1099 earners or gig-economy workers
Borrowers with recent credit events (bankruptcy, foreclosure, etc.)
Retirees or high-net-worth borrowers with substantial assets
In short: Non-QM loans look at your financial reality, not your tax returns.
Types of Non-QM Loan Programs We Offer
Whether you’re purchasing a new home, refinancing, or building an investment portfolio, we offer multiple Non-QM programs to fit your needs:
Bank-Statement Loans
Qualify using 12–24 months of business or personal bank statements. Perfect for self-employed borrowers who show lower taxable income due to deductions.
DSCR (Debt Service Coverage Ratio) Loans
Designed for investors. Qualification is based on the property’s rental income versus its mortgage payment — no personal income verification required.
Asset-Depletion Loans
Use your savings, retirement, or investment accounts to qualify. Great for retirees or those with significant assets but limited monthly income.
P&L-Only Loans
Qualify based on a CPA-prepared profit & loss statement — no bank statements or tax returns required.
1099-Only Loans
If you earn income from contract work, qualify using your 1099 forms rather than traditional W-2 documentation.
Don't take our word for it
Eric Newman
Lead Mortgage Advisor | Masters of Lending Team
Eric Newman is a mortgage loan officer who helps self-employed borrowers, real-estate investors, and non-traditional earners qualify for home financing through customized Non-QM (Non-Qualified Mortgage) programs. As part of the Masters of Lending Team, Eric specializes in alternative-income lending — including bank-statement loans, DSCR investor loans, asset-depletion programs, and 1099-only mortgages — designed for people who don’t fit conventional underwriting boxes.
With over a decade of lending experience, Eric has built a reputation for simplifying complex financial situations and finding solutions that align with his clients’ real income and goals. His approach combines personalized strategy, transparent communication, and a deep understanding of the Non-QM loan market across multiple states.
“My passion is helping entrepreneurs and investors get approved for the homes and properties they deserve — even when traditional guidelines say no.”
When he’s not helping clients close on their dream homes, Eric creates educational resources on Non-QM loan programs and self-employed mortgage strategies to help borrowers nationwide understand their options.
Frequently Asked Questions
What does Non-QM mean in mortgages?
Non-QM stands for Non-Qualified Mortgage. These are loans that don’t follow conventional underwriting rules but still meet responsible lending standards.
Can I qualify without tax returns?
Yes. Many Non-QM programs use bank statements, assets, or rental income instead of tax returns.
Do Non-QM loans have higher rates?
Rates can be slightly higher than conventional loans, but they allow borrowers to qualify when traditional financing isn’t an option.
Can investors use Non-QM loans?
Absolutely. DSCR programs are built specifically for investors qualifying based on rental income.
Are Non-QM loans risky?
No — they’re simply more flexible. These programs are underwritten carefully and designed for qualified borrowers with alternative income sources.
State Licenses
AL #97776, AZ #1016957,
CA #CA, DBO97776,
CO #100515315, FL #LO86360,
GA #97776, HI #HI-97776
ID #MLO-2080097776
KS, #LO.0056461, MI #97776
MO #97776, MT #97776
NM #97776, NC #I-215987
OH #MLO-OH.97776
OR #97776, PA #116600
TX #97776, WA #MLO-97776
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