Non-QM Market Update – December 2022
Key Takeaways & Highlights How the Economy is Faring & its Effects on the Real Estate sector Rapid inflation has caused fissures to appear in the economy. Consumer spending and corporate investment, which account for more of GDP than net exports, were stagnant in the third quarter. Consumer expenditure on goods declined for the third […]
Non-QM Loans: How They Work & Your Opportunity
What Are Non-QM Loans? Non-QM Loan is an abbreviation for Non-Qualified Mortgage Loans. These loans do not consider all aspects of a borrower’s capacity to repay a loan, such as income ratios, debt load, credit score, and a variety of other criteria, such as the habitability of the house financing the mortgage. Compare this to […]
Non-QM Market Update – November 2022
Homeowners considering refinancing their homes are becoming more hesitant since mortgage rates have more than doubled in the last year. Why refinance when your current mortgage rate is lower than the rate offered on a refinanced loan?
Conventional VS Non-QM Mortgage Loans
A new house may be one of the most expensive investments your client will ever make. If you intend to finance the purchase, you’ll need to be clear about mortgage prospects before you start looking for the perfect opportunity for mortgage closure. However, not all home loans are the same. So, doing your homework before […]
2022’s Top 7 Non-QM Mortgage Companies
Since the coronavirus pandemic, non-QM Loans have mostly disappeared from the marketplace. Meet the ‘last-resort’ mortgage lenders rising from the ashes of the financial crisis to help underqualified borrowers buy a home. Here are 7 lenders that are currently providing non-QM loans in 2022. These loan products are obtainable to help people with minimum credit […]
