Mortgages for borrowers who don't fit the box
Non-QM loans use alternative income documentation — bank statements, rental income, or 1099s — so self-employed borrowers and real estate investors can qualify without fighting traditional underwriting.
Why non-QM with Frendly?
Flexible documentation
Bank statements, rental income, or 1099s — not W-2s and tax returns.
The best lenders compared
We compare top non-QM and investor programs across our lender network for your best fit.
Built for growth
Scale a rental portfolio or grow your business without DTI limits holding you back.
Find your non-QM loan
Match your situation to the right program. A Frendly Pro can review your full profile and confirm the best fit.
| My situation | Best fit |
|---|---|
| I'm self-employed and my tax return doesn't show what I actually earn | Bank Statement Loan |
| I get paid on 1099s, not W-2s | 1099 Loan |
| I'm buying or refinancing a rental property | DSCR Loan |
| I'm self-employed and want to pull equity without refinancing | Bank Statement HELOC |
| I'm scaling a rental portfolio and my personal DTI is too high | DSCR Loan |
Our non-QM programs
DSCR Loans
Qualify on rental income, not personal income. No tax returns, no W-2s. Built for real estate investors buying or refinancing income-producing properties.
Explore DSCRBank Statement Loans
Self-employed? We use 12–24 months of your business or personal bank deposits to prove income — not your taxable bottom line.
Explore Bank Statement1099 Loans
Contractors, gig workers, and freelancers can qualify using 1099 forms instead of traditional employment documentation.
See If You QualifyBank Statement HELOC
Tap your home equity with a second mortgage or line of credit — qualified with bank statements, not tax returns.
Explore HELOC OptionsInterest-Only Options
Available on select non-QM programs to lower monthly payments and maximize cash flow — especially popular with investors.
Learn About DSCRDSCR Calculator
Buying a rental property? See if the rent covers the mortgage with our free DSCR calculator.
Try the DSCR CalculatorNon-QM FAQs
What is a non-QM loan?
A non-qualified mortgage (non-QM) is a home loan that does not follow the strict income and documentation rules of conventional qualified mortgages. Non-QM programs use alternative ways to verify your ability to repay — such as bank statements, rental income, or 1099 forms — instead of W-2s and tax returns.
Who are non-QM loans designed for?
Non-QM loans are built for borrowers who can afford a mortgage but cannot prove it through traditional documentation: self-employed business owners, real estate investors, freelancers and contractors, and homeowners who write off significant expenses on their tax returns.
Can I get a non-QM loan without tax returns?
Yes. Bank statement loans use 12–24 months of deposits to prove income. DSCR loans qualify on the property's rental income. 1099 loans use contractor income forms. None of these require personal tax returns.
Are non-QM loans more expensive than conventional loans?
Non-QM rates and terms vary by program and borrower profile. Because these loans are not sold on the secondary market like conventional mortgages, some programs may carry higher rates or down payment requirements. Frendly compares the best lenders to find competitive options for your situation.
Ready to see what you qualify for?
Pick your program and start a 5-minute application. No hard credit pull.