FOR HOME BUYERS
QM Loans
Non-Qualified Mortgage (Non-QM) loans are ideal for borrowers who don’t meet conventional lending guidelines. Whether you’re self-employed, using asset-based income, or recovering from recent credit events, Non-QM loans offer flexible approval paths.
A home loan that makes home more affordable.
Alternative Income Verification
Use bank statements, assets, or rental income
Credit Flexibility
Recent credit events allowed (bankruptcy, foreclosure, etc.).
High Loan Limits
Perfect for jumbo or luxury homebuyers.
Interest-Only & ARM Options Available
Guidelines for this Loan
If your details are close to these guidelines, we encourage you to apply or contact us. Even if you don’t qualify for an adjustable-rate mortgage, we could have other options for you.
Estimate and Explore
Calculators are a great way to learn and see what’s possible.
Down Payment Calculator
Learn how much cash you need to buy the home in your mind.
Comparing ONE+ by Rocket Mortgage
Everyone’s situation is different. What might be right for one person might not be right for you. Apply or contact us – it’s the best way to explore your unique options.
Get More In-Depth Details
Articles that give you more information about this loan and explain how mortgages work.
Frequently Asked Questions
Answers to questions about this loan we heard from people like you during research.
What Makes a Loan Non-QM?
It doesn’t conform to Fannie Mae or Freddie Mac underwriting rules but still meets sound lending standards.
Can I Use Assets to Qualify?
Yes. Asset depletion allows you to qualify using liquid assets instead of monthly income.
Is There Mortgage Insurance?
Not typically. Non-QM loans often skip MI even with lower down payments.
Are Non-QM Rates Higher?
Some lenders allow Non-QM loans as soon as 1–2 years after a major credit event.
What If I Had a Bankruptcy?
Slightly higher than conventional, but much more flexible with underwriting.
