Non-QM and Bank Statement Mortgages in California
Rates From 100+ Lenders
Same Day Approvals
Easy Process & We Do All the Work
Limited Documentation
No Income Verification
Purchase, Refinance, Cash Out
Our Top Rated California Non-QM Lender for 2024
Key Mortgage Alliance Corporation
Top Rated Private Mortgage Lender
No Income & No Employment Options Available
Bank Statements or 1099 Only For Self Employed
We Offer Rates From 100+ Lenders
Same Day Income & Credit Approval
No Tax Returns Required!
What is a Non-QM home loan?
Non-QM stands for Non-Qualified Mortgage. These are home loans for borrowers who may not meet the traditional income requirements of standard mortgage programs. Non-QM lenders typically allow for special income qualifications without requiring tax returns or W-2’s. They are designed for the self-employed, 1099 contractor, real estate investor, retired borrower and foreign nationals.
Who is eligible for a Non-Qm loan approval?
Self-Employed Individuals
1099 Independent Contractors
Business Owners
W-2 Employees with other income sources
Real Estate Investors
Retired Borrowers
Foreign Nationals
Borrowers with significant liquid assets
How do Non-QM lenders qualify?
- By offering common sense mortgage solutions with flexible underwriting guidelines to maximize home loan qualifications with no tax returns or w-2s required.
- By using alternative Income sources such as bank statement deposits, 1099 forms, liquid assets, rental income or true “stated income”.
- By removing the traditional approval burdens of providing w-2s or tax returns for purchase and refinances for primary, 2nd homes & investment property.
Our Evaluation Criteria:
Our team rates Non-QM Lenders by taking into account a number of factors such as years in business, diversified and flexible product offerings, quantity states licensed, availability for free consultations, customer service and product knowledge, online review ratings as well as other criteria. We aim to provide information to consumers to aid them in making a decision on which lender is best suited for them
Key Mortgage Alliance Corporation
Top Rated Private Mortgage Lender
No Income & No Employment Options Available
Bank Statements or 1099 Only For Self Employed
We Offer Rates From 100+ Lenders
Same Day Income & Credit Approval
No Tax Returns Required!
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