Non-QM loans are designed to help borrowers achieve their homeownership goals, even if they struggle to qualify for a traditional mortgage.
Down payment requirements vary based on program however typically non-traditional loans have a maximum LTV of 80% of the value of the property.
Non-QM loans are ideal for borrowers of all types who struggle to qualify for a traditional conventional, FHA or VA loan. If you’ve been denied a loan in the past, speak with a loan officer to see if a Non-QM loan can offer you a second chance at homeownership!
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