Updated December 2024

Compare Non-QM Lenders

See how top Non-QM lenders stack up against each other. Compare rates, requirements, and features to find the perfect match for your situation.

Verified Lenders

Trusted Information Source

15+ Years

Industry Experience

10,000+

Borrowers Helped

21 Days

Average Closing Time

$2B+

Loans Funded

4.9/5

Customer Rating

Program Comparison
Select programs to compare side-by-side. Click on program buttons to add or remove from comparison.
Feature

NS Funding

FHA Manual Underwriting

Popular

NS Funding

Bank Statement Loan

Popular

Newfi Lending

DSCR Loan

Min Credit Score500580620
Max LTV96.5%90%80%
Max DTI50%50%N/A
Min Down Payment3.5%10%20%
Rate Range6.75% - 7.75%7.25% - 8.25%7.50% - 8.50%
Max Loan Amount$472,030$3,000,000$3,000,000
Income DocumentationFull documentation12-24 mo bank statementsNone required
Avg Closing Time30-45 days21 days25 days
Best ForLow credit score borrowersSelf-employed borrowersReal estate investors
Key Features
  • 500 credit score OK
  • 3.5% down (580+)
  • Human underwriter review
  • No tax returns
  • Self-employed friendly
  • Fast closing
  • No income verification
  • Unlimited properties
  • Cash-out available

Why Compare Before You Apply?

Shopping around for a mortgage can save you thousands of dollars over the life of your loan.

Save Money

A 0.5% rate difference on a $400K loan saves over $40,000 in interest over 30 years.

Find the Right Fit

Different lenders specialize in different scenarios. Find one that matches your profile.

Close Faster

Some lenders close in 21 days, others take 45+. Know what to expect upfront.

Trusted by leading Non-QM lenders

NS Funding
Newfi Lending
Angel Oak
Athas Capital
Civic Financial

Frequently Asked Questions

Get answers to common questions about comparing Non-QM lenders

The best program depends on your specific situation. Bank Statement loans are ideal for self-employed borrowers with strong deposits. DSCR loans work best for investors with rental properties. Asset Depletion suits high net worth individuals with significant liquid assets. Our comparison tools help you see the differences at a glance.
We provide information about lenders who are licensed and regulated in their respective states. Each lender listed in our directory maintains their own licensing and compliance. We encourage borrowers to verify lender credentials directly and check state licensing databases before proceeding with any loan application.
The rates shown are estimates based on typical scenarios. Your actual rate will depend on factors like credit score, down payment, loan amount, property type, and current market conditions. The rates are updated regularly but should be used for comparison purposes only. Get a personalized quote for exact pricing.
Yes! Our platform allows you to submit your information once and get matched with multiple lenders. This saves time and lets you compare actual offers side-by-side. We recommend comparing at least 3 lenders before making a decision.
After selecting a lender, you'll be connected with a dedicated Mortgage Loan Officer (MLO) who will guide you through the application process. They'll collect your documents, submit your application, and keep you updated throughout the process until closing.

Ready to Get Matched?

Stop comparing manually. Tell us about your situation and we'll match you with the best lenders for your specific needs.

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