Mortgages for real life — self-employed income, investment property, assets, and everything agency lending leaves out.
Non-QM (non-qualified mortgage) lending is what happens when a borrower has the means but not the paperwork an agency loan demands. Instead of forcing your finances into a conventional box, Abo Capital qualifies you on what you actually have — bank deposits, a profit-and-loss statement, assets, rental cash flow, or a single form.
Non-QM lending at a glance
Up to 90%
maximum LTV
Up to $20M
maximum loan amount
8+ doc types
bank stmt, 1099, asset, DSCR
No tax returns
where alt-doc applies
Low-600s
minimum credit score
Primary & investment
all occupancies
All figures shown are program maximums across our non-QM family, not guarantees — each program has its own limits, and final terms are quoted per deal.
What “non-QM” actually means
After 2008, lending split into two worlds: “qualified mortgages” with rigid income and ratio rules, and everything else. Non-QM is that everything else — fully documented, fully legitimate loans that simply verify income a smarter way. It’s how self-employed owners, investors, retirees, and new-to-the-country borrowers get financed when a bank says no.
Explore our non-QM programs
For self-employed borrowers
- Bank Statement Loans — qualify on 12 or 24 months of deposits instead of tax returns.
- 1099 & P&L Income Loans — use your 1099s or a profit-and-loss statement to qualify.
- No-Doc Loans — no income documentation — qualify on assets or the property.
Qualify on assets or employment
- Asset Depletion Loans — qualify on liquid assets alone, with no income calculation.
- WVOE Loans — a single written verification of employment for W-2 earners.
For real estate investors
- DSCR Rental Loans — qualify on a rental’s cash flow, not your personal income.
- Fix & Flip Loans — short-term financing to renovate and resell.
- Bridge Loans — fast, short-term capital between deals.
- Rental Property Refinance — pull cash out of a rental with no income docs.
Special situations
- Foreign National & ITIN Loans — finance U.S. property without an SSN or U.S. credit — DACA welcome.
- Non-QM Jumbo Loans — high-balance financing past conforming limits, up to $20M.
- Home Equity Loans — tap equity with a second mortgage and keep your first.
Full-doc non-QM, too
Non-QM isn’t only for alternative documentation. If you have full income docs but still fall outside agency rules — a higher debt ratio, a recent credit event, complex or recently-started self-employment, or a property type agencies won’t touch — our expanded full-doc programs are built for exactly that. Strong borrowers shouldn’t be turned away over a technicality.
Every figure here is a program maximum across the non-QM family, not a guarantee — each program carries its own limits, and we quote real numbers per deal.
Frequently asked questions
What is a non-QM loan?
A non-QM (non-qualified mortgage) loan is a home loan that doesn’t follow the strict documentation and debt-ratio rules of agency lending. Instead, it qualifies you on bank statements, assets, rental income, or a single verification — built for self-employed borrowers, investors, and anyone whose income doesn’t fit a conventional box.
Do stated income loans still exist?
Not in their pre-2008 form. Today you document income a different way — bank statements, a profit-and-loss statement, assets, or rental cash flow — instead of simply stating it. The flexibility remains; the verification is real.
Can I get a mortgage without W-2s?
Yes. Non-QM programs are designed for borrowers without W-2s. Bank statement, 1099, asset, and no-ratio options all qualify you without traditional wage documentation.
Who is non-QM lending for?
Self-employed borrowers, real estate investors, retirees living on assets, foreign nationals and ITIN borrowers, and anyone with strong financials that don’t fit agency underwriting.
Turned down because you didn’t fit the box? That’s exactly what non-QM is for. Tell us your situation and we’ll find the program that fits.