Non-QM loans for self-employed, investors & unique borrowers.
If you're self-employed, use bank statements instead of tax returns, invest in real estate, or have a more complex income profile, a Non-QM mortgage may be the right fit. Coltrain Mortgage helps borrowers across Long Island and New York explore bank statement loans, DSCR loans, asset depletion mortgages, and more.
- Bank Statement Loans
- DSCR Investor Loans
- Alternative Income Qualification
- Flexible Mortgage Options
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Not qualifying the standard way doesn't mean you don't qualify
Non-QM stands for "non-qualified mortgage," but that doesn't mean low quality - it means the loan is designed for scenarios conventional underwriting doesn't handle well. Many well-qualified borrowers need Non-QM financing because standard underwriting is too restrictive for self-employed income, large business deductions, rental portfolio strategies, or more customized financial situations.
Self-employed borrowers
Qualify using bank statements instead of tax returns - write-offs don't work against you.
Real estate investors
DSCR loans qualify based on property cash flow, not personal income.
High-asset borrowers
Asset depletion programs qualify you using liquid assets and investment accounts.
Complex income
1099 earners, independent contractors, and borrowers with multiple income sources are a core focus, not an exception.
Not sure which Non-QM program fits your situation?
Types of Non-QM loans we can help with
Bank Statement Loans
Qualify using personal or business bank statements instead of tax returns - a top option for business owners.
P&L Statement Loans
Qualify using a CPA or accountant-prepared profit and loss statement instead of full tax returns or bank statements.
DSCR Loans
Qualify based on property cash flow rather than personal income - built for rental purchases and refinances.
Asset Depletion Loans
Qualify using significant liquid assets, retirement accounts, or investment accounts.
Interest-Only Options
More payment flexibility for higher-income or asset-rich borrowers.
1099 Loans
Built for independent contractors and commission-based professionals who receive 1099 income.
From application to closing
Tell us your situation
Self-employed, investor, or 1099 - we match you to the right Non-QM program.
Get pre-qualified
Alternative documentation means a faster path to a clear answer.
We handle underwriting
Your loan officer manages documentation and keeps you updated at every step.
Close on your terms
Sign, get your keys, and move forward - on a program built for your actual income.
Non-QM isn't a fallback - it's a fit.
Many Non-QM borrowers have strong credit and solid finances, but need alternative income documentation or a more flexible underwriting approach than a conventional loan allows. A Non-QM mortgage is often the strongest fit for borrowers who have the assets, income, or property cash flow to support the loan, but don't show qualification the same way on a standard application.
Non-QM loan questions, answered
Are Non-QM loans only for bad credit borrowers?+
No. Many Non-QM borrowers have strong credit and solid finances, but need alternative income documentation or a more flexible underwriting approach.
Can I get a Non-QM loan if I'm self-employed?+
Yes. Self-employed borrowers are one of the most common groups that use Non-QM loans, especially bank statement mortgage programs.
What is a bank statement loan?+
A bank statement loan is a type of Non-QM mortgage that may allow borrowers to qualify using personal or business bank statements instead of tax returns.
Are DSCR loans considered Non-QM?+
In many cases, yes. DSCR loans are commonly categorized within the Non-QM space because qualification often focuses on property cash flow instead of personal income.
Related loan programs
Ready to talk to a Non-QM loan expert?
No pressure, no obligation - just a clear answer from a local loan officer.