Non-QM loans, also known as Non-Qualified Mortgage loans, are becoming increasingly popular in the mortgage industry. These loans are designed for borrowers who don’t meet the strict guidelines set forth by the Consumer Financial Protection Bureau (CFPB) for Qualified Mortgage loans. Non-QM loans offer more flexibility and opportunities for borrowers who may have unique financial situations or challenges that prevent them from qualifying for a traditional mortgage loan.
As a loan officer or account executive, offering Non-QM loans can provide you with several benefits that can help you grow your business and increase your earnings potential. In this blog post, we’ll take a closer look at these benefits and how Non-QM loans can help you serve more clients and increase your earnings.
Non-QM loans offer more flexibility in underwriting criteria, making them an ideal option for borrowers who don’t meet the stringent guidelines set forth by traditional mortgage loans. Here are a few examples of clients who can benefit from Non-QM loans:
Self-employed borrowers: Self-employed borrowers often have irregular income or write-offs that can make it difficult to qualify for a traditional mortgage loan. Non-QM loans can take into account other sources of income such as bank statements or other asset verification, making it easier for self-employed borrowers to qualify for a loan.
Borrowers with recent credit events: Borrowers who have experienced a recent credit event, such as a bankruptcy or short sale, may have difficulty qualifying for a traditional mortgage loan. Non-QM loans have more flexible waiting periods for credit events, allowing these borrowers to obtain financing sooner.
Foreign nationals: Foreign nationals who are not U.S. citizens or permanent residents may have difficulty obtaining a traditional mortgage loan. Non-QM loans can provide alternative options for these borrowers, allowing them to secure financing for a home purchase or refinance.
Investment property borrowers: Borrowers who are purchasing an investment property may have difficulty qualifying for a traditional mortgage loan due to stricter underwriting criteria. Non-QM loans can provide alternative options for these borrowers, allowing them to secure financing for their investment property.
By offering Non-QM loans, you can expand your client base and provide financing options to borrowers who may have been turned away by traditional mortgage lenders. This can help you establish yourself as a go-to lender for borrowers with unique financial situations, helping you grow your business and increase your earnings potential.
In addition to serving a broader range of clients, Non-QM loans can also increase your earnings potential. Because Non-QM loans are more complex than traditional mortgage loans, they often come with higher fees and commissions.
For example, Non-QM loans may have higher interest rates or points than traditional mortgage loans, which can result in higher fees and commissions for the loan officer or account executive. Additionally, Non-QM loans may offer more flexible loan features, such as interest-only payments or longer loan terms, which can also result in higher fees and commissions.
In addition to earning higher fees and commissions, offering Non-QM loans can also help you build a loyal client base. By providing alternative financing options to borrowers who have been turned away by traditional lenders, you can establish yourself as a lender who goes above and beyond to help clients achieve their financial goals. This can help you earn referrals and repeat business, further increasing your earnings potential.
Now that we’ve covered the benefits of Non-QM loans for loan officers and account executives, let’s take a closer look at why AHL Funding is a great choice for those looking to expand their business in the Non-QM market.
At AHL Funding, we believe that the key to success in the Non-QM market is providing comprehensive training and support to our loan officers and account executives. That’s why we offer extensive training programs designed to help you navigate the Non-QM loan process and understand the latest regulations and guidelines.
Our training programs cover everything from the basics of Non-QM loans to more advanced topics such as underwriting criteria and loan structuring. We also provide ongoing support to ensure that you have the tools and resources you need to succeed in the Non-QM market.
In addition to comprehensive training and support, AHL Funding offers a competitive commission and fee structure for Non-QM loans. We understand that loan officers and account executives are the backbone of our business, and we want to ensure that you are fairly compensated for your hard work.
Our commission and fee structure is designed to reward loan officers and account executives for their success in the Non-QM market. We offer competitive commissions and fees, as well as bonus programs and other incentives to help you achieve your financial goals.
By choosing AHL Funding as your Non-QM loan provider, you can be confident that you are working with a reputable and experienced company that values your success and is committed to helping you grow your business.
Non-QM loans offer loan officers and account executives an opportunity to serve a broader range of clients and increase their earnings potential. By offering Non-QM loans, you can establish yourself as a trusted expert in the industry and provide alternative financing options to borrowers who may have been turned away by traditional mortgage lenders.
At AHL Funding, we are committed to helping loan officers and account executives succeed in the Non-QM market. We offer comprehensive training and support, a competitive commission and fee structure, and the opportunity to work with a reputable and experienced Non-QM loan provider.
If you’re interested in expanding your business in the Non-QM market, we encourage you to consider joining AHL Funding as a loan officer or account executive. With our support, you can achieve your financial goals and help your clients achieve theirs.
At AHL Funding, we are dedicated to providing the highest quality Non-QM loan products and services to our clients, and we have the track record, industry recognition, and real-world case studies to prove it. Here’s a closer look at these three key aspects of our expertise and effectiveness:
Since our inception in 2017, AHL Funding has helped thousands of borrowers obtain Non-QM loans for their home purchases or refinances. We have funded over $2 billion in Non-QM loans, and we have a track record of success in helping borrowers with unique financial situations. Our loan officers and account executives are experienced and knowledgeable in the Non-QM market, and we are committed to providing customized loan solutions that meet the needs of our clients.
We are proud to have been recognized as a top Non-QM lender by industry publications such as National Mortgage News and Scotsman Guide. These awards demonstrate our commitment to excellence and our ability to provide innovative and effective Non-QM loan solutions to our clients. We are also members of the National Association of Mortgage Brokers (NAMB), which is committed to promoting ethical and professional standards in the mortgage industry.
One example of our expertise and effectiveness can be seen in a recent case study involving a borrower who was self-employed and had a recent credit event. The borrower had been turned down by several traditional mortgage lenders but was referred to us by a real estate agent. Our loan officer was able to work closely with the borrower to understand their unique financial situation and develop a customized loan solution that met their needs.
Through our flexible underwriting criteria and expertise in the Non-QM market, we were able to provide the borrower with a loan that allowed them to purchase the home they wanted, despite their recent credit event and self-employment status. The borrower was thrilled with the outcome and referred us to several of their colleagues who were also in need of Non-QM financing solutions.
At AHL Funding, we are committed to providing our clients with the highest quality Non-QM loan products and services. Our track record of success, industry recognition, and real-world case studies demonstrate our expertise and effectiveness in the Non-QM market. Whether you’re a seasoned loan officer or account executive or new to the industry, we have the training, support, and resources you need to succeed in the Non-QM market.
If you’re interested in joining AHL Funding as an account executive, getting started is easy. Simply visit our careers page and fill out the employment application form. Once we receive your application, a member of our team will be in touch to discuss your qualifications and the next steps in the process.
We welcome experienced loan officers and account executives as well as those who are new to the industry. Our comprehensive training and support programs are designed to help you succeed in the Non-QM market, regardless of your level of experience.
As an account executive with AHL Funding, you’ll have access to a wide range of Non-QM loan products and the support you need to serve your clients effectively. Our commission and fee structure is designed to reward your success, and we’re committed to helping you achieve your financial goals.
Offering Non-QM loans can provide loan officers and account executives with a wide range of benefits, including the ability to serve more clients and increase their earnings potential. AHL Funding is committed to helping loan officers and account executives succeed in the Non-QM market by providing comprehensive training and support, a competitive commission and fee structure, and access to a wide range of Non-QM loan products.
If you’re interested in joining AHL Funding as an account executive, we encourage you to fill out our employment application form and take the first step toward a successful career in the Non-QM market. With our support and expertise, you can achieve your financial goals and help your clients achieve theirs.
Our goal is to shape and build the next generation of mortgage lending with exceptional customer service, integrity, strength and experience.
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AHL Funding DBA American Home Loans All rights reserved. www.nmlsconsumeraccess.org. Rates, fees and programs are subject to change without notice. Other restrictions may apply. AHL Funding DBA American Home Loans is a Wholesale Lender. We work with mortgage brokers to originate loans.
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