Independent mortgage brokerage · Advising clients since 2007 · Company NMLS #3915
(401) 481-8050
Non-QM Home Loans
Self-employment, investment income, or a one-time credit event shouldn't end the conversation. Non-QM loans qualify you on real-world documentation when the standard rulebook doesn't fit.
Independent brokerage since 20074.5★ on GoogleLicensed in RI, MA, PA, FL & ALA network of specialty lenders, one application
A "qualified mortgage" (QM) follows a strict federal rulebook built around W-2 jobs and tax-return income. It works for many buyers — but not everyone. A Non-QM (non-qualified mortgage) is not a lower-quality loan; it simply qualifies you using common-sense, real-world documentation when the standard box doesn't fit your situation.
Because Atlantic is a brokerage, we shop a network of specialty lenders built for exactly these scenarios — so being self-employed, an investor, or rebuilding after a credit event doesn't have to put homeownership on hold.
Who it’s for
Self-employed
Qualify on 12–24 months of bank statements or a P&L — no tax returns. Bank statement loans →
Real-estate investor
Qualify on the property's rent, not your income, with a DSCR loan. DSCR loans →
Asset-rich, income-light
Use savings and investments to qualify with asset depletion. Asset depletion →
1099 / contract income
Qualify on your 1099s when tax returns understate what you earn. 1099 loans →
Non-QM programs can open a door sooner than agency guidelines after a past bankruptcy, short sale or foreclosure.
Program at a glance
Best for
Self-employed, investors, and borrowers the agency box doesn't fit
Income documentation
Bank statements, 1099s, P&L, assets, or property cash flow — no tax returns on many programs
Property types
Primary, second home and investment — including condos and 2–4 units
Credit
Programs for a wide range of credit profiles, including after a past credit event
Available in
Rhode Island, Massachusetts, Pennsylvania, Florida & Alabama
Why a broker
One application, shopped across a network of specialty lenders
Where we lend business-purpose loans
Available
Not currently offered
Business-purpose (investor) loans only — not consumer mortgages. Availability is lender- and state-specific and subject to change; ask us about your state.
We arrange business-purpose (investor) loans — DSCR, hard money, bridge and commercial — in: Alaska, Alabama, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin, West Virginia, Wyoming.
How working with us works
1
Tell us your scenario
A 10-minute call or the contact form: how you're paid, your goals, and the property. No credit pull to start.
2
We shop the right lenders
As a brokerage we match your file to specialty lenders built for it — not one bank's single guideline.
3
Pre-qualify with a plan
You get a clear path: the program, the documents, and the timeline, with a licensed loan officer on your file.
4
Close with confidence
We manage underwriting to the finish line and hand you off to a smooth closing day.
Common questions
Is a Non-QM loan a subprime loan?
No. Non-QM simply means the loan doesn't meet the federal “qualified mortgage” documentation rules built around W-2 income. These are fully underwritten loans for well-qualified borrowers whose income or situation doesn't fit the standard box.
Will I need tax returns?
On most Non-QM programs, no. You can qualify using bank statements, 1099s, a profit-and-loss statement, assets, or — for investment property — the home's rental income.
Are the rates higher than a conventional loan?
Non-QM pricing reflects the program and your profile. Because we're a brokerage, we shop multiple specialty lenders to find the most competitive fit rather than quoting one bank's sheet — and we walk through the numbers before you commit.
Can I refinance out of a Non-QM loan later?
Yes. Many borrowers use a Non-QM loan to buy now and refinance into conventional financing once their tax returns or credit profile catch up.
Which Non-QM program is right for me?
That's the first conversation we have. Tell us how you're paid and what you're buying, and we'll point you to the right one — bank statement, DSCR, asset depletion, 1099 or ITIN.
4.5★★★★★ Rated on Google · independent brokerage since 2007
“When I was faced with the most challenging deal of my career, Atlantic Mortgage found a way to make it happen. They went way out of their way to help my buyer… we weren’t just another file.”
— Joe H., real estate agent
★★★★★
“Second time using Mike for our mortgage process — by far the best person to handle it, answer any question, and make the entire experience stress-free!”
— Heather S.
★★★★★
“As our mortgage broker he was exceptional. Every step of the way he explained everything clearly, was very responsive, and patient with us as first-time home buyers.”
