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Flexible incomeStated Income / Non-QM Loan
For self-employed borrowers, business owners, and investors whose tax returns don't reflect their full income. Qualification can be based on alternative documentation — we'll explain what's needed.
Who it's for
- Self-employed borrowers and business owners
- Borrowers with commission, bonus, or seasonal income
- Real estate investors qualifying on property cash flow (DSCR)
- Borrowers whose tax returns understate their real income
- Borrowers who don't fit a standard conventional or FHA box
Key benefits
- Qualification using bank statements, profit-and-loss statements, or asset-based review — not only tax returns
- DSCR options for investors, where the property's rental income is the focus
- Flexible documentation routes matched to how you actually earn
- Available for purchase and refinance in many cases
- A broker can compare several Non-QM lenders, because guidelines vary widely
How it works
- Consultation — we look at how your income actually works: bank deposits, business revenue, or rental income.
- Documentation route — we identify which Non-QM path fits (bank statement, asset-based, or DSCR) and what paperwork it needs.
- Comparison — we compare the scenario across Non-QM lenders and explain payment, down payment, and rate trade-offs.
- Application & closing — we help you organize the file and guide it through underwriting to closing day.
What lenders typically look for
- Alternative income documentation — commonly 12–24 months of bank statements, or a CPA-prepared profit-and-loss statement
- A larger down payment is often required than for conventional loans
- Cash reserves are usually expected
- Credit guidelines vary by lender and program
- Rates and fees are often higher than conventional financing — we'll show the trade-off clearly
- Property appraisal and standard underwriting review
Non-QM is a broad category — every lender's version is different. That's exactly why a broker comparison helps here.
Not sure it fits?
That's normal — and it's exactly what a broker is for. Tell us your scenario and we'll point you to the right starting point, even if it's a different program.
Other loan programs
Ready to talk about a Stated Income / Non-QM Loan?
Get a Free Quote →Call (626) 203-1707 or send a short quote request — no obligation.