Precision Lending Group provides tailored Non-QM Mortgage or Non-Qualified Mortgage loans to fit the demands of our clients who cannot satisfy traditional loan conditions.
The major advantages of Non-QM Mortgage loans are flexible income verification options and lower credit score requirement.
For instance, self-employed borrowers often face more complexity than traditional wage-earning borrowers. A Non-QM loan can help qualify these borrowers with alternative documentation, such as bank statements instead of tax returns.
In case of the purchase or refinance of the investor property, Non-QM Mortgage loans use the rental income for debt service calculation.
NON-QM LOANS CAN BE BENEFICIAL FOR:
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