Non-QM Loan Programs

Flexible Financing Solutions for Unique Borrowers

Who Are Non-QM Mortgages For?

Not every borrower fits inside the traditional mortgage box—and that’s where Non-QM (Non-Qualified Mortgage) loans come in. These loans are designed for those who don’t meet conventional loan guidelines due to unique income documentation, credit events, or property types.

Non-QM mortgages are ideal for:

Self-employed borrowers who write off expenses and show lower net income on taxes
Real estate investors seeking DSCR-based loans
High net-worth individuals using asset depletion
Borrowers with recent credit events, such as bankruptcy or foreclosure
Foreign nationals or ITIN holders
Business owners, freelancers, and gig economy workers

At ML Mortgage, we specialize in Non-QM solutions that make homeownership or real estate investment possible—even when traditional lenders say no.

Bank Statement Loans (Personal or Business)

Perfect for self-employed homebuyers who don’t have traditional income documentation.

Use 12 or 24 months of personal or business bank statements
Loan amounts up to $3.5M
Max 90% LTV

No tax returns required
Available for primary, second homes, and investment properties

1099 Income Loans

Tailored for independent contractors or gig economy workers with 1099 forms.

Use 12 or 24 months of 1099s to qualify
Max 80% LTV

No need for tax transcripts
Loan amounts up to $3.5M

Profit & Loss-Only Loans

A streamlined solution for business owners who prefer a simple P&L format.

Qualify with CPA-prepared P&L statements
No bank statements or tax returns required

Max LTV up to 80% for purchase, 70% for refinance
Available up to $2M loan amount

Asset Depletion Loans

For retirees or high net-worth borrowers using liquid assets as income.

Use retirement, savings, or investment accounts to qualify
No employment needed

Max LTV 80%
Great for early retirees or trust income borrowers

DSCR Investor Loans (Debt-Service Coverage Ratio)

Designed for real estate investors—no personal income required.

Qualify based on rental income only (DSCR ≥ 0.75+)
No employment or DTI requirements
Max loan amount up to $2.5M

Max 80% LTV (DSCR ≥ 1.0), 70–75% for lower ratios
Interest-only options available
First-time investors eligible

Expanded Prime

For borrowers with strong credit who want a flexible documentation option.

Primary Home
No Monthly Mortgage Payments

For borrowers 62 years & older
Receive Money Monthly

Interest-Only Options Available

Most Non-QM products offer an Interest-Only feature for up to 10 years—ideal for maximizing cash flow.

Ready to Explore Your Options?

Let’s talk about how a Non-QM Mortgage can open the door to your next property. Whether you’re looking for a Self Employed Home Loan, a DSCR investment property loan, or a flexible bank statement program—ML Mortgage is here to help.

Non-QM Loan Programs

Who Are Non-QM Mortgages For?

Bank Statement Loans (Personal or Business)

Use 12 or 24 months of personal or business bank statements

Loan amounts up to $3.5M

Max 90% LTV

No tax returns required

Available for primary, second homes, and investment properties

1099 Income Loans

Use 12 or 24 months of 1099s to qualify

Max 80% LTV

No need for tax transcripts

Loan amounts up to $3.5M

Profit & Loss-Only Loans

Qualify with CPA-prepared P&L statements

No bank statements or tax returns required

Max LTV up to 80% for purchase, 70% for refinance

Available up to $2M loan amount

Asset Depletion Loans

Use retirement, savings, or investment accounts to qualify

No employment needed

Max LTV 80%

Great for early retirees or trust income borrowers

DSCR Investor Loans (Debt-Service Coverage Ratio)

Qualify based on rental income only (DSCR ≥ 0.75+)

No employment or DTI requirements

Max loan amount up to $2.5M

Max 80% LTV (DSCR ≥ 1.0), 70–75% for lower ratios

Interest-only options available

First-time investors eligible

Expanded Prime

Primary Home

No Monthly Mortgage Payments

For borrowers 62 years & older

Receive Money Monthly

Interest-Only Options Available

Ready to Explore Your Options?

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