Loan Programs · Non-QM

Non-QM: when your tax returns lie about your income.

Successful self-employed borrowers, retirees, and foreign nationals all share one problem — agency loans don't see who they actually are. Non-QM does. Bank statements, P&L, asset depletion, foreign passport. Real loans for real income that doesn't fit a W-2 box.

The Non-QM lineup.

Non-QM isn't one loan — it's a category. Each product is built for a specific borrower profile. We pick the right one for your file.

Bank Statement (12 / 24 mo)

For self-employed. Personal or business statements. Deposits averaged with expense factor. Most common Non-QM product in FL.

P&L / CPA Letter

CPA-prepared profit and loss statement qualifies. Faster than bank statement when books are clean. Good for established business owners.

Asset Depletion

60–70% of liquid assets ÷ 360 months = qualifying income. For retirees and high-net-worth borrowers with limited monthly cashflow.

Foreign National

Non-US citizens. Passport + visa or ITIN. 25–30%+ down. Common in Miami, Keys, Naples luxury markets.

ITIN Loans

For non-citizens with an Individual Taxpayer Identification Number. Tax-return-based qualifying. Lower down payments than full foreign national.

1099-Only Income

1099 contractors qualify on gross 1099 income with expense factor — no tax-return Schedule C deductions hurting DTI.

Common Non-QM scenarios in coastal Florida.

The successful self-employed Keys buyer

Six-figure 1099 income, but Schedule C deductions show $40k taxable. Conventional says no. 24-month bank statement says yes — and qualifies you for the actual home you can afford.

Retired buyer with $1.5M in IRA + brokerage

Limited monthly Social Security income. Asset depletion takes 70% of liquid assets, divides by 360, creates ~$2,900/month qualifying income — without you ever drawing from the account.

European or LATAM second-home buyer

30% down, 12 months reserves, passport-based ID. Foreign national loan closes on Naples or Keys waterfront in 30–45 days. Common path for international clients.

Recently transitioned business owner

Sold a company, now living off proceeds. No 2 years tax returns showing income. Asset depletion + bank statement hybrid handles this elegantly.

Realtor / broker with large commissions

Income is real but volatile. Bank statement averages 24 months of commission deposits — smooths out the bumps that kill agency loans for commission-based borrowers.

Your tax returns don't tell your real story. The right loan does.

30-minute call. We'll match your income profile to the right Non-QM product, run rate scenarios, and show you the path forward — even if other lenders said no.

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