A TOP Non-QM
Lender

A Non-QM loan (also known as a non-qualified mortgage) is a type of home loan designed for those borrowers who can’t qualify for traditional mortgages. It is suitable for:

• The self-employed borrowers
• Real estate investors
• Other borrowers with a unique financial situation

Non-QM products offer flexibility. They often come into play and help secure needed financing when Conventional options just don’t work.

Non-QM loans come in many types to suit a range of unique cases.

Self-employed people often pick Bank Statement
loan first. Lenders look at 12/24 months of bank records to check the borrower’s income, instead
of W-2s or pay stubs.

Real estate investors find DSCR loans perfect.
These home loans focus on how much rent a borrower’s property brings in, not their personal
earnings.

People who need a bigger loan often go for Jumbo loans. These
apply to pricey properties that go beyond the usual Conventional
loan caps. People with substantial assets, like savings or investments, can opt for
asset-based loans. They can use these assets to qualify instead of providing standard income
documentation.

A&D Mortgage offers all these Non-QM loan types, and the choice is always
yours to decide which loan type you would prefer.

Typically, specialized non-qualified mortgage
lenders like A&D Mortgage offer Non-QM loans. We understand that not everyone has a
steady income stream and traditional docs. That’s why we offer flexible solutions for different
financial situations.

Taxes for Non-QM loans depend on how a borrower uses the loan. If they
are buying an investment property, their interest payments might be tax deductible. It is a good
idea to consult a tax professional about your specific case.

The process of getting a Non-QM loan is straightforward. Usually, it
consists of these 5 steps:

1. Finding a good lender;
2. Getting the documents (bank statements, tax returns, etc.) ready;
3. Submitting an application;
4. Reviewing credit, income, and assets with the lender to make sure all criteria are met;
5. Close the loan and get your funds.

Non-QM loan requirements vary from lender to lender. Here is what A&D
Mortgage provides:

Credit
score: At least 620

Combined Loan-To-Value (CLTV): up to 90

Proof of income: Bank statements, tax returns, or proof of rental
income

Down
payment: From 10%

Debt-to-income ratio (DTI): Depends on the type of
loan

At A&D Mortgage we created Artificial Intelligence in Mortgage (AIM) to
streamline the Non-QM loan process, from submitting the application to closing the loan. AIM is
our Partner Portal that helps partners grow their businesses. See the key features and tools of
AIM:

• The pipeline to track the progress of every loan and upload the 1003
  file
• Non-QM
  Automated Underwriting System (AUS) to receive real-time loan pre-approval with a
  preliminary set of conditions
• Self-Disclosure
  to minimize your turnaround time and create the disclosure package in 1 minute
• Loan
  Calculator to evaluate your scenario
• ADvantage
  Loyalty Program to earn rewards and redeem them for valuable gifts
• LEADer
  CRM to manage your leads and create email campaigns for free

Not a partner yet? Just fill in this form

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Looking for the basic steps to apply for a loan? Here they are:

1. Finding a lender

It’s a good idea to start by looking for reliable Non-QM lenders, like
A&D Mortgage, that understand and work with different financial situations.

2. Gathering documents

Next, it’s necessary to prepare documents, such as bank or investment
account statements and tax returns, to show financial stability.

3. Submitting the application

Then, a borrower should work on their application with their chosen
lender.

4. Getting approved

Once approved, a borrower can move forward confidently and close on their
loan.

At A&D Mortgage, we get that everyone has a different story. Not everyone
fits into the usual loan criteria. We’re all about giving Non-QM borrowers flexibility. Whether
they’re a self-employed individual, a property investor, or have a unique situation, we can
help. We offer good rates, fast approvals, and several Non-QM options to keep things simple.

Of course we do! We run promotions for both non QM and conventional loans
on a regular basis. Check out our website to
stay updated on our current promotions and
special offers.

It is easy – just fill out the broker package. Whenever you are ready, go
to Broker
Package page and submit the
form.

Jumbo
loans can be Non-QM if they go over the usual loan limits or do not stick to the regular
rules. These kinds of loans are suitable for more expensive homes. They work well for borrowers
with good financials who want more flexibility than typical loans offer.

It is possible. If your client wants a better rate, lower monthly
payments, or to tap into their home equity, refinancing a Non-QM loan is a smart choice. A&D
Mortgage provides such an option. If a borrower’s financial situation has improved since the
original loan, it’s worth checking out.

The transparency in everything is our priority, so let us dive deeper
into some of the risks associated with using Non-QM loans:

The risk of financial overextension. Non-QM borrowers may have to spend
more funds on interest rates, fees, and down payments.

The risk of losing the home. The borrower may face foreclosure if they
cannot keep up with the payments.

Non-QM loans are for people who don’t fit into the usual mortgage rules.
This includes:

• Self-employed folks with irregular income or no consistent
  paycheck
• Real estate investors who want to use rental income to get a loan
• Wealthy individuals who can use their assets for financing

Flexibility matters! Borrowers can choose from various payment plans.
They can go for fixed rates, adjustable rates, or interest-only payments. We will help borrowers
find what works best for their budget.

They are completely different from each other. The most crucial
difference is that Conventional loans are governed by Fannie Mae and Freddie Mac guidelines. It
means that Non-QM borrowers have to meet all the criteria to qualify. Instead of Conventional
loans, Non-QM loans are more flexible and suitable for those who don’t follow
traditional loan paths, e.g., self-employed or investors.

Here is why Non-QM loans stand out:

1. Higher loan amounts

Non-QM loans include Jumbo options, making it possible to finance larger
properties. At A&D Mortgage we have a special program called Prime Jumbo, with loan amounts up
to $3.5 million.

2. Flexibility

Multiple options to qualify. Not only can borrowers rely on traditional
pay stubs, but they can also use bank statements, rental income, or even assets.

3. Accessibility

Have your clients already applied for a traditional loan but been turned
down because they did not meet the requirements? Non-QM loans can be the perfect solution for
their scenarios.

As you can see, Non-QM products can accommodate borrowers with specific
needs.

If you have equity in your home or investment property, you can use it to
get cash. This money can help you:

• Make new investments.
• Refinance your current loan.
• Reach other financial goals.

It depends on the lender. Basically, Non-QM loans don’t have the same
protection as other mortgages, like Consumer Financial Protection Bureau (CFPB) for Conventional
loans. But Non-QM lenders like A&D Mortgage always keep things clear and fair. We have 20 years
of experience with more than 6,000 partners. Before you commit to a loan, it is crucial to fully
understand all terms, conditions, and risks. Make sure everything is clear to you.

Yes, you can. Non-QM loans are perfect for buying a second home or an
investment property. Options like DSCR
loans help real estate investors qualify based on rental income.