Non-QM Loans
Borrow with Betty believes in homeownership opportunities for everyone, including non-U.S. citizens.
Smart Solutions for Unique Financial Situations
At Borrow with Betty, we know that not all borrowers fit neatly into traditional lending boxes. That’s why we offer Non-QM (Non-Qualified Mortgage) Loans—flexible financing options for individuals with non-traditional income, complex financial profiles, or unique credit scenarios. These loans are designed for real people with real-life circumstances. Not every borrower fits into a traditional mortgage box. Our Non-QM (Non-Qualified Mortgage) Loans accommodate self-employed individuals, business owners, and those with unique income streams.
Non-QM Loans are ideal for self-employed borrowers, entrepreneurs, gig workers, retirees, and anyone whose income isn’t easily documented through standard tax returns or W-2s. Instead, these loans rely on alternative methods of income verification, such as bank statements, asset depletion, or rental income history.
One of the key advantages of Non-QM Loans is their flexibility. If you’ve been turned down by a conventional lender due to credit blemishes, a recent bankruptcy, or irregular income patterns, a Non-QM Loan could be the solution. These programs provide a second chance for creditworthy individuals who don’t meet traditional guidelines.
Non-QM Loans aren’t subprime loans—they’re fully underwritten, responsibly structured mortgages for borrowers who need a different path to financing. With proper documentation and smart planning, you can secure a home loan that meets your needs without jumping through outdated hoops.
These loans can be used for a wide range of property types, including primary homes, vacation properties, and investment real estate. Whether you’re buying, refinancing, or cashing out equity, Non-QM options give you the power to take action now, instead of waiting to fit a conventional mold.
Interest rates on Non-QM Loans are typically slightly higher than standard loans, reflecting the added flexibility they offer. However, the ability to get approved and move forward often outweighs the small cost difference, especially when homeownership or investment returns are on the line.
We offer Non-QM solutions with adjustable and fixed rates, low documentation options, and customizable terms that match your situation. From 12-month bank statement programs to asset-based underwriting, we find creative yet responsible ways to get your deal done.
Borrow with Betty specializes in helping Illinois borrowers navigate these types of loans with confidence. We take the time to understand your income sources, business activity, and long-term goals, ensuring your loan supports—not restricts—your financial freedom.
If traditional mortgage lenders have said “no,” let us help you find a better answer. With a Non-QM Loan from Borrow with Betty, your financial story doesn’t have to be standard to be successful. We’re here to open doors for every kind of borrower.
