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Non qm mortgage loans8/5/2023 ![]() The rules for what types of mortgages Fannie Mae and Freddie Mac can buy come from the Federal Housing Finance Agency (FHFA). Fannie Mae and Freddie Mac are government-sponsored enterprises that invest in mortgage loans. The Non-QM mortgage loans can be used for a rate-and-term. A non-conforming loan is a loan that doesn’t meet Fannie Mae and Freddie Mac’s standards for purchase. ![]() Step Up to Convenience: Whether Non-QM loans or our Prime Jumbo solution, when your borrowers are ready, they'll sail through the loan process! We've got the team and the technology to open every gate and check every box to funding. Here are some of the Non QM mortgage lending programs offered by Innovative Mortgage Brokers. You don’t have to calculate your personal income or submit your job history. Perhaps the main benefit to choosing a non-qualifying mortgage over conventional ones is the sheer flexibility of the requirements and documentation. Non-QM loan solutions to lending challenges are where we push the EASY button! Here are some of the biggest advantages: More flexible requirements. Our Account Executives are easy to work with, and you'll love our Broker portal for real-time updates. Step Up to Ease: Alt docs? We've got you covered. Apply Now 88 Non-QM mortgages are often used by self-employed business owners with tax write-offs that offset their earnings each year, making it difficult to qualify for a conventional or government-backed mortgage. Rather than turn business away, turn to a non-QM programs for loans up to 3 million and help your unconventional borrowers. With thousands of brokers in our approved network, you can count on HomeXpress to navigate the bumps in the road and move your borrower into the "HomeXpress Lane" to closing. What is a Non-QM mortgage Good borrowers with unconventional circumstances are often not qualified for traditional lending. Our business revolves around Speed, Ease, and Convenience with superior customer service. With a well-rounded portfolio of Non-QM loan programs and a Prime Jumbo solution, we've got flexible solutions to qualify borrowers with varying needs and challenges.
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