Non-QM lending widens financing paths as broker options grow
Bank-statement and debt-service coverage ratio programs are expanding the tools brokers can offer borrowers whose income or property profiles do not fit standard mortgage rules.
Topic: #NonQM
2 storiesReporting and analysis grouped around #NonQM.
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The Loan Store adopts Averra Financial brand amid non-QM growth
Wholesale mortgage lender The Loan Store has rebranded as Averra Financial, reporting a 68% year-to-date rise in non-QM lending volume through August while affirming that loans already in process will close as scheduled.