Alternative Income Documentation
Use 12 or 24 months of personal or business bank statements instead of tax returns. No W-2s required.
Non-QM & Bank Statement Loans
Self-Employed
Home Loans
You built your business on your own terms. Your mortgage should work the same way. Non-QM loans are designed for entrepreneurs, freelancers, and business owners who don't fit the traditional W-2 mold.
12moBank Statements May Qualify
620+Minimum Credit Score
10%Down Payment Options
$3M+Loan Amounts Available
What Is a Non-QM Loan?
Mortgages Built for Entrepreneurs
Self-employed home loans — commonly called Non-QM (Non-Qualified Mortgage) loans — are designed for borrowers whose income doesn't fit neatly into a tax return. If your business write-offs reduce your taxable income on paper, a traditional lender may underestimate your true earning power.
These programs look at the full picture: bank deposits, profit & loss statements, business cash flow, and asset reserves — giving you a real path to homeownership that reflects how you actually earn.
Whether you're a sole proprietor, LLC owner, freelancer, or run a growing small business, Stevenson has the Non-QM solutions to get you to the closing table.
Who This Is For
Non-QM loans are ideal if any of the following apply to you:
Business Owners & EntrepreneursYour Schedule C deductions lower taxable income — we can qualify you on bank deposits instead.
Freelancers & Contractors1099 income, variable pay, or multiple income streams? We work with it.
Real Estate InvestorsQualify using rental income from your portfolio — DSCR loans available.
High-Net-Worth BorrowersQualify using asset depletion rather than traditional income documentation.
Why Choose Non-QM
The Advantages of Flexible Lending
Wide Property Types
Purchase or refinance single-family homes, condos, multi-unit properties, and investment properties including non-warrantable condos.
Faster Qualification
Streamlined approval process without the bureaucratic delays of conventional lending. We move at the speed of business.
Competitive Rates
Non-QM doesn't mean "hard money." We offer competitive rates that reflect your actual creditworthiness and financial strength.
High Loan Limits
Finance the home you've earned with loan amounts up to $3 million or more. Non-QM programs are well-suited to successful borrowers.
Flexible Qualification
Higher DTI limits, recent credit events accepted, and alternative asset verification — designed for real-world situations.
Program Options
Find Your Best Fit
Bank Statement Loans
Qualify using 12 or 24 months of personal or business bank statements — income calculated from actual deposits, not your tax return.
- 12 or 24-month options
- Personal or business accounts accepted
- Up to 90% LTV on purchase
- Loans up to $3M+
- Primary, secondary & investment properties
DSCR Loans
Qualify based on the property's rental income potential — not your personal income. Perfect for real estate investors.
- No personal income docs needed
- Qualify on property cash flow
- Short-term rentals (Airbnb/VRBO) eligible
- Up to 10+ financed properties
- LLC / entity vesting allowed
1099 Income Loans
Use your 1099 forms directly to establish qualifying income — no business returns needed for contract workers and gig earners.
- 1 or 2 years of 1099s accepted
- Contract workers & gig economy earners
- Commission-based income welcome
- 620+ credit score
- Down payments from 10%
Asset Depletion Loans
Significant assets but limited documentable income? We can use your retirement, savings, or investment accounts to create qualifying income.
- Retirement, savings & brokerage accounts
- No employment required
- Ideal for retirees & high-net-worth buyers
- Liquid & near-liquid assets considered
- Jumbo amounts available
Eligibility
Do You Qualify?
Basic Requirements
Self-Employment HistoryTypically 2 years verified through business registration, CPA letter, or business licenses.
Credit ScoreMost programs require 620+. Higher scores unlock better rates and lower down payments.
Down PaymentTypically 10–20% depending on loan amount, credit score, and property type. Gift funds allowed.
Cash ReservesMost programs require 3–12 months post-closing reserves. Higher reserves can offset other risk factors.
Debt-to-Income RatioNon-QM programs allow up to 50–55% DTI in some cases — giving you more purchasing power.
Great For...
Business Owners Denied ElsewhereYour write-offs should help your taxes — not hurt your mortgage. We have the solution.
Couples with Mixed IncomeOne partner self-employed and one W-2? We combine and structure income to maximize buying power.
Growing BusinessesIncome trending upward? We can use a shorter bank statement history if your deposits show positive momentum.
Recent Credit EventsBankruptcy, foreclosure, or short sale? Some Non-QM programs have waiting periods as short as 1 day after discharge.
Not sure which program fits? Stevenson specializes in creative financing for self-employed borrowers. One conversation is all it takes to find your best path forward.
Side by Side
Non-QM vs. Conventional
| Feature | Non-QM / Self-Employed Loan | Conventional Loan |
|---|---|---|
| Income Documentation | Bank statements, 1099s, P&L, assets | W-2s & tax returns required |
| Minimum Down Payment | 10% (program dependent) | 3%–20% |
| Credit Score | 620+ (flexible) | 620+ |
| DTI Ratio | Up to 50–55% | Up to 45% |
| Tax Return Required | ✔ Not Required | ✘ Required |
| Loan Amounts | Up to $3M+ | Up to conforming limits |
| Recent Credit Events | 1-day seasoning available | 2–7 year waiting period |
| Best For | Self-employed & entrepreneurs | W-2 salaried employees |
How It Works
Your Path to Closing
Strategy Call
We review your income sources, business structure, and goals to identify the best Non-QM program for your situation.
Document & Pre-Qualify
Gather 12–24 months of bank statements. We calculate qualifying income and issue your pre-approval letter.
Find Your Home
Shop with confidence knowing exactly what you can purchase. Your pre-approval shows sellers you're serious.
Close & Get Keys
We coordinate underwriting and closing so you can focus on your business while we handle the details.
Ready to Start?
Your Business Built Something Great —
Let's Find You a Home
You've worked hard to build financial independence. Don't let the traditional mortgage system hold you back. Stevenson specializes in creative financing for self-employed borrowers across Georgia and Florida.