When traditional mortgages won’t cut it, a Non-QM (Non-Qualified Mortgage) Loan from Richmond-mortgage opens new doors. We look beyond pay stubs and tax returns to evaluate your real financial picture—whether you’re self-employed, have variable income, or need flexibility. It’s a smarter path to home financing built for today’s nontraditional earners.
Alternative Income Methods — Use bank statements, profit & loss, asset records instead of or in addition to W-2s.
Flexible Credit Acceptance — Less rigid credit thresholds; more opportunity for recovery or irregular profiles.
Custom Loan Structures — Interest-only terms, adjustable periods, balloon options — built around your needs.
Loan Amount Freedom — Available for higher amounts or unique property types typically rejected by conventional lenders.
Time to Requalify — Use it as a bridge until your income stabilizes and you can shift into conventional products.
Self-employed individuals whose tax returns don’t capture full earnings
Investors or real estate owners with irregular cash flow
Borrowers recovering from past credit issues but with strong assets
People needing flexibility beyond rigid loan program constraints
Ans: Yes that’s often the target audience. Your documentation will show cash flow or asset stability.
Ans: Bank statements, profit & loss statements, asset records, business statements, and more.
Ans: Typically, yes interest rates or fees are higher to account for risk.
Ans: They carry more lender risk, which is reflected in terms. But with the right partner, you have clarity and support to navigate them safely.
Ans: Usually yes down payments are often higher to offset risk.
Ans: Often yes once your income or credit profile strengthens, you can refinance to a conventional mortgage.
