Discover Benefits of Non-QM Lending: Get Safe Mortgage Options with Private Lenders
The subprime mortgage crisis put a lot of lenders out of business and left a lot of homeowners in a tight spot. Non-QM lending is not going away because there is still a need for it. There are plenty of people with good credit who cannot qualify for a traditional mortgage. Non-QM loans give these people a chance to buy a home. They are also a good option for people who are self-employed or have income from sources that cannot be verified. There are some risks involved with non-QM loans, but they are not as risky as subprime loans.