$420,000
Median Home Price
$450,000
Avg. Loan Amount
52+
Licensed Lenders
12+
Major Markets
Maryland Real Estate Market
Why Non-QM loans are popular in Maryland
Strong government contractor and federal employee population
High-income suburbs near Washington DC
Baltimore offers affordable investment opportunities
Waterfront properties along Chesapeake Bay
Growing biotech and healthcare sectors
Diverse property types from urban condos to waterfront estates
Top Maryland Markets We Serve
Non-QM lending available throughout Maryland
Maryland Lending Regulations
Maryland is regulated by the Office of the Commissioner of Financial Regulation. Mortgage lenders and brokers must be licensed under the Maryland Mortgage Lender Law. Maryland has specific consumer protection laws and requires additional disclosures.
Maryland Non-QM Loan FAQs
Common questions about Non-QM loans in Maryland
Can federal contractors get Non-QM loans in Maryland?
Yes! Bank statement loans are popular with Maryland's government contractors who work through their own companies. 1099 income loans are also available for independent consultants serving federal agencies.
What loan amounts are available for Maryland properties?
Non-QM loans in Maryland can exceed $2 million for luxury properties in areas like Bethesda, Potomac, and Annapolis. The DC suburbs often require jumbo Non-QM options due to high property values.
Are Non-QM loans available for Baltimore investment properties?
Absolutely! DSCR loans are popular for Baltimore rental properties, which offer strong cash flow potential. Investors can qualify based on rental income for single-family and multi-family properties.
Can I get a Non-QM loan for a Chesapeake Bay waterfront property?
Yes! Non-QM loans are available for waterfront properties, though some may require additional flood insurance. Bank statement and asset depletion loans are popular for second homes in these areas.
How do Maryland's property taxes affect my loan qualification?
Maryland's property taxes vary significantly by county and are factored into your debt-to-income ratio. Montgomery and Howard counties have higher rates, while Baltimore City offers some tax incentives for homeowners.
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