$245,000
Median Home Price
$208,000
Avg. Loan Amount
291K
Population
8+
Licensed Lenders
Key Lincoln Neighborhoods
Explore popular neighborhoods and their median home prices. Click on map markers for details.
Map Legend
South Lincoln
$295KNewer developments
Haymarket
$265KDowntown, walkable
East Campus
$235KUniversity area
Lincoln Real Estate Market
Why Non-QM loans are popular in Lincoln
Growing demand for flexible mortgage solutions in Lincoln
Self-employed professionals benefit from bank statement loan programs
Real estate investors use DSCR loans for rental property financing
Non-QM loans available for borrowers with recent credit events
Frequently Asked Questions
Common questions about Non-QM loans in Lincoln
What is the minimum credit score for Non-QM loans in Lincoln?
Most Non-QM lenders serving Lincoln require a minimum credit score of 620-660, though some programs accept scores as low as 580 with compensating factors like larger down payments.
Can I get a bank statement loan in Lincoln, Nebraska?
Yes, bank statement loans are available in Lincoln. Self-employed borrowers can qualify using 12 or 24 months of personal or business bank statements instead of tax returns.
What are DSCR loan requirements in Lincoln?
DSCR loans in Lincoln typically require a debt service coverage ratio of 1.0 or higher, meaning the property's rental income must cover the mortgage payment. No personal income verification is needed.
How much can I borrow with a Non-QM loan in Lincoln?
Non-QM loan amounts in Lincoln typically range from $100,000 to $3 million or more. With a median home price of $245,000, many borrowers find Non-QM loans essential for their purchase.
What Non-QM programs are most popular in Lincoln?
The most popular Non-QM programs in Lincoln include bank statement loans for self-employed borrowers, DSCR loans for real estate investors, and asset depletion loans for high-net-worth individuals.