What is a Non QM Loan?

A Non-Qualified Mortgage (Non-QM) loan is a type of mortgage that does not meet the standards set by the Consumer Financial Protection Bureau (CFPB) for a qualified mortgage (QM). These standards were put in place to ensure that borrowers are not given loans they cannot afford and to protect them from predatory lending practices. The […]

What is a Non QM Loan? Read More »