Non-QM loans may offer terms that exceed 30 years or interest-only payments, which may provide flexibility for borrowers. Additionally, self-employed individuals in Non-QM scenarios may qualify using bank statements or even without demonstrating income. Non-QM loans also allow properties not occupied by the owner to close under an LLC, offering potential advantages in certain situations. In contrast, QM loans typically have more stringent requirements in these areas.
Assists self-employed individuals in qualifying based on their cash flow and liquid assets. This is beneficial as tax statements and W-2s alone might not accurately reflect their repayment ability. Ideal for freelancers and self-employed professionals. We review your clients’ bank statements, analyze deposits, and calculate income in the pre-approval process, facilitating more successful closings.
The ratio analyzes the income generated by the property’s rent compared to the monthly mortgage payment. You qualify based on the property cash flow.
Our foreign nationals program offers the opportunity for international clients to invest in real estate in the U.S.
Self-employed individuals have a more difficult time qualifying for a traditional mortgage. At A&D Mortgage, we offer our Non-QM 1-year and 2-year P&L loans to help them.
Borrowers can qualify for an A&D loan based on the strength of their business’s Profit & Loss (P&L) statement.
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