Non-QM Loans

What are Non-QM loans?

Non-QM (non-qualified mortgage) loans are designed for borrowers with loan profiles which don't fit agency guidelines. Agency guidelines refer to Fannie Mae, Freddie Mac, FHA, and VA guides. For loans that don't fit into these guidelines Non-QM Loans are available to fill the gaps. Non-QM can be used for primary homes, second homes, and investment properties. They're available all of the standard transaction types - purchase, refinance, and cash out refinance.

Who do Non-QM loans work good for?

- Self employed
- Business owners
- Low credit scores
- Non-US citizens
- Foreign nationals
- Real estate investors

Investor Loans

Profit and loss loans are designed for self-employed borrowers and business owners. This solution fits business owners who typically write off a lot at tax time. The P&L can be self-prepared or CPA prepared, with the latter being more advantageous for favorable terms and conditions of your loan qualification. Another great reason to consider this product is if you're a business owner and regular bank statements don't paint a full financial picture for you.

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Bank Statement

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1099 Income

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DSCR

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Foreign National

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ITIN

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Contact Me

NMLS 1660690 | AZMB 0944059

3100 W Ray Rd Suite 201, Office 209 Chandler, AZ 85226

© 2021 NEXA Mortgage, LLC. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Lender.

AZMB# 0944059Licensed by the Dept of Financial Protection and Innovation under the CRMLA

Texas: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIALMORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV. Privacy Policy | NMLS Consumer Access