Pick the program that matches your income story.
Self-employed income comes in different shapes. We have a Non-QM program for each — pick by what your real income source actually looks like.
Decision matrix
| If your income looks like… | Best program | Min FICO* | Down* |
|---|---|---|---|
| Heavy tax write-offs, real cash flow visible in deposits | Bank Statement | 620 | 10–20% |
| Clean books, CPA-prepared P&L | P&L Only | 660 | 15–25% |
| 1099 contractor or commission earner | 1099 Only | 660 | 15–25% |
| W-2 employee, third-party employer, messy paystubs | WVOE | 660 | 15–25% |
| Significant liquid assets, low reported income | Asset Utilization | 680 | 15–25% |
| Enough liquid assets to cover entire loan + closing | Asset Qualifier | 680 | 25–30% |
| Investor — buying a rental property | DSCR | 660 | 20–25% |
*Indicative ranges across our investor partners. Your actual program parameters depend on FICO, LTV, occupancy, reserves, and property type. Lower FICO and higher LTV typically increase rate or reserves required.
Common questions
Can I combine income types in one loan?
Yes. Many of our files use 12 months of personal bank statements plus a co-applicant's W-2 income. We can also blend asset utilization with bank-statement income to bridge a qualification gap.
Will Non-QM hurt my ability to refinance later?
No. The Non-QM is just a first mortgage on your home — when your tax returns or qualifying profile improves, you refinance into conventional like any other borrower.
How long does a Non-QM file take to close?
30–45 days is typical, similar to conventional. Asset Qualifier files can move faster because there's no income calculation. Bank statement files take a bit longer because we hand-calculate income from deposits.
Do you do investment-property and second-home Non-QM?
Yes — most programs allow second home and non-owner-occupied. DSCR is the dedicated investor product, but bank statement and asset programs also work for second homes and investor purchases at adjusted LTVs.
Stop fighting your tax return.
Tell us how your income actually shows up. We'll pick the program in 20 minutes.