Frequently Asked Questions

Your Questions Answered

What is a NON-QM Loan?

A Non-QM loan, or a non-qualified mortgage, is a type of mortgage loan that allows you to qualify based on non-traditional methods, instead of the standard income verification methods required for typical loans. Common examples include bank statements or using your assets as income.

What about Hard Money?

Hard Money loans are asset based rather than credit based. These types of loans are typically short-term, interest only loans for investment and business purposes. These types of loans are often sought by buyers who need to act fast and have limited alternative funding sources.

Why are brokers better?

Mortgage brokers are better than traditional retail lenders and banks because of our flexibility on pricing and product. As a loan officer at an independent broker, I have zero overhead, thus allowing me to pass on savings to my customers. If I can't do a loan, nobody can, and if I can do it, I will be extremely competitive on price