Non-QM Mortgages

Non-QM Products: Bank Statement & No-Income Primary

What Are Non-QM Loans?

Non-Qualified Mortgage (Non-QM) products are designed for creditworthy borrowers who don’t fit the traditional lending box. If you’re self-employed, commission-based, or have significant assets but non-standard income documentation, Non-QM financing offers flexibility without compromising credibility.

These programs don’t follow Fannie Mae/Freddie Mac guidelines — but they’re still fully underwritten, documented, and designed to help high-quality borrowers get approved.

Common Non-QM Programs

Bank Statement Loans:

• Qualify using personal or business bank statements instead of tax returns
• Designed for self-employed borrowers or those with variable income
• Can use 12–24 months of deposits to determine income
• No need for traditional W-2s or pay stubs

No-Income Primary Residence Loans:

• Available for borrowers with significant verified assets but no traditional income
• Ideal for retirees, high-net-worth individuals, or transitioning professionals
• Underwritten based on asset reserves, credit profile, and property type

Benefits of Non-QM Loans

• No tax returns required for self-employed borrowers
• Expanded DTI allowances and credit flexibility
• Asset-based or alternative income documentation accepted
• Available for primary residences, second homes, and investment properties
• Great solution for entrepreneurs, real estate investors, and gig economy professionals

Who Should Consider a Non-QM Loan?

• Self-employed borrowers with strong cash flow but non-traditional income
• Buyers with recent credit events (bankruptcy, foreclosure, etc.)
• Borrowers using rental income or asset reserves to qualify
• Retirees or others with wealth but limited reportable income

At Motivation Mortgage, we work with the nation’s leading Non-QM lenders to deliver tailored solutions that respect your real financial picture, not just what shows up on your tax return.