closing: The rise of Non-QM Loans
- 06/12/19 12:00 PM
As a mortgage lender, I have always viewed Non-QM Loans as a great opportunity for people to receive a loan that doesn’t include all of the confusing and time spending rules a regular QM loan requires.
In previous years, (viewing them on a much higher scale) Non-QM hadn’t reached the popularity that people like me expected, most of us being non-bank lenders or small service providers. In recent years, we’ve seen our expectations come to fruition as Non-QM starts to gather popularity, even starting to compete with other types of popular loans like the FHA and the VA loan.
As a mortgage lender, I have always viewed Non-QM Loans as a great opportunity for people to receive a loan that doesn’t include all of the confusing and time spending rules a regular QM loan requires. 
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