Non-Qualified Mortgages
Flexible Non‑QM mortgages for self‑employed, investors & credit‑challenged—verify income your way.
Custom Financing When Traditional Guidelines Fail
Non‑Qualified Mortgage (Non‑QM) loans serve credit‑worthy borrowers who fall outside standard agency guidelines. Instead of W‑2s and rigid DTI caps, underwriters can use 12–24 months of bank statements, a lease showing the property covers itself (DSCR), or documented assets that pay the debt. Scores from 620, recent credit events, or more than ten financed homes are allowed when reserves are strong. Borrow up to $3 million, pick fixed, adjustable, or interest‑only terms, and finance a primary, second home, or investment property almost anywhere in the U.S. The O’Kavage Group packages your file for portfolio investors so approvals land fast—no agency overlays, just common‑sense lending.
Popular Non‑QM Programs & Borrower Advantages
Whether self‑employed, scaling rentals, or living off assets, Non‑QM lets you validate income creatively and cut red tape. Below are four standout options our clients use to unlock purchases or cash‑out refinances quickly and competitively.
- Bank Statement Loan: qualify on 12–24 months deposits, not tax returns.
- DSCR Investor Loan: approval based on rent covering payment; no personal income needed.
- Asset Depletion: use liquid assets divided over term as qualifying income for larger loans.
- Recent Event Loan: finance 1 day after bankruptcy, foreclosure, or short sale with strong reserves.
Your Non‑QM Roadmap with The O’Kavage Group
Our Non‑QM journey starts with a 15‑minute strategy call to map goals, cash flow, and exit plan. A soft credit pull and live review of bank statements or asset ledgers let us match you to the right program—bank statement, DSCR, asset depletion, or recent credit‑event. Within 24 hours you gain a portfolio‑underwriter pre‑approval that competes with cash offers.
Docs remain light: upload PDFs to our encrypted portal or link your bank for instant verification. Processors tag acceptable deposits so underwriters issue approval with few conditions. We order the appraisal at contract and use desktop or hybrid valuations where allowed to shave days.
Investors often require 6–12 months reserves; we help you structure accounts or gifts so liquidity stays accessible. For rental acquisitions we build the DSCR worksheet and can waive lease history on properties under 12 months.
Clear‑to‑Close lands in 15–20 business days. At signing we review every figure, confirm any interest‑only or prepayment terms, and enroll you in rate alerts. When markets shift or your situation evolves, we’ll pivot to a conforming refinance or your next purchase—financing that grows with you.
Other Loan Types
How It Works
Getting you from application to closing
Our straightforward process makes getting approved for your mortgage simple and stress-free.
Step 1
Initial Consultation
We'll discuss your goals, review your finances, and explore loan options.
Step 2
Document Collection
We'll help you gather necessary paperwork and submit to our lender network.
Step 3
Evaluation and Approval
Your application gets reviewed and we keep you updated throughout the process.
Step 4
Disbursement Process
We coordinate with all parties to ensure a smooth closing on your new home.