LLG Blog 4 Week Series – The Rise of Non-QM Loans and Expanded Borrowing Options

Week 3: The Rise of Non-QM Loans and Expanded Borrowing Options In today's market, not every borrower fits neatly into the traditional lending box. That's where non-qualified mortgage (non-QM) loans come into play. These products are designed for borrowers with unique financial situations, such as self-employed individuals, real estate investors, or those with recent credit events.

Non-QM loans often come with higher interest rates, but they provide flexibility for borrowers who would otherwise be locked out of homeownership or investment opportunities. As the mortgage landscape evolves, these loans are becoming more mainstream and accessible.

Looking Ahead: We'll wrap up next week with my thoughts on the future of the mortgage industry and what both borrowers and industry professionals should prepare for in 2025 and beyond.