Non-QM Loans in Washington DC
Washington DC's high-cost real estate market and concentration of government contractors, consultants, and professionals creates strong demand for Non-QM loans. The district's unique property types and income profiles require flexible financing solutions.
$650,000
Median Home Price
$580,000
Avg. Loan Amount
38+
Licensed Lenders
12+
Major Markets
Washington DC Real Estate Market
Why Non-QM loans are popular in Washington DC
High-cost market requires jumbo Non-QM loan options
Large population of government contractors with variable income
Strong rental market driven by transient workforce
Significant foreign national buyer activity
Historic properties may require non-warrantable condo financing
Multi-family investment opportunities in emerging neighborhoods
Top Washington DC Markets We Serve
Non-QM lending available throughout Washington DC
Washington DC Lending Regulations
Washington DC is regulated by the Department of Insurance, Securities and Banking (DISB). Mortgage lenders and brokers must be licensed under DC Official Code. DC has specific consumer protection laws and disclosure requirements unique to the district.
Washington DC Non-QM Loan FAQs
Common questions about Non-QM loans in Washington DC
Can government contractors get Non-QM loans in DC?
Yes! Bank statement loans are popular with DC's government contractors who may have variable income or work through their own companies. 1099 income loans are also available for independent consultants.
What loan amounts are available for DC properties?
Non-QM loans in DC can exceed $2-3 million for luxury properties. Given DC's high median prices, jumbo Non-QM options are commonly used even for modest properties in desirable neighborhoods.
Are Non-QM loans available for DC condos?
Yes, including non-warrantable condos that don't meet conventional guidelines. This is common in DC where many buildings have high investor concentration or unique ownership structures.
Can foreign embassy staff get mortgages in DC?
Yes! Foreign national loans are available for embassy staff and international organization employees. These programs don't require US credit history and can work with diplomatic visa holders.
How do DC's property taxes affect my loan qualification?
DC's property taxes are factored into your debt-to-income ratio. While DC rates are moderate compared to nearby Maryland and Virginia, the high property values mean significant tax amounts that lenders will consider.
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