Non-QM & Alternative Documentation Loans in California
Flexible financing options for borrowers, investors, and property types that may not fit standard conventional or government loan guidelines.
A different way forward
Financing Beyond
Traditional Guidelines
Not every borrower or property fits neatly into conventional lending guidelines.
Non-QM and alternative-documentation programs may provide additional options for self-employed borrowers, real estate investors, foreign-national borrowers, and certain commercial-property transactions.
At Sierra Capital Mortgage, we compare programs across multiple lenders and help determine which financing structure may best fit the borrower, property, and transaction.
Explore your options
Non-QM & Alternative Financing Programs
Investment Properties
DSCR (Debt-Service Coverage Ratio)
Investor financing based primarily on the property’s rental income rather than the borrower’s personal income.
Self-Employed Borrowers
Bank Statement Loans
Designed for self-employed borrowers who may qualify using bank statements instead of traditional tax-return income documentation.
U.S. Real Estate
Foreign National Loans
Financing options may be available for eligible foreign-national borrowers purchasing or investing in U.S. real estate.
Commercial Real Estate
Commercial Property Financing
Financing for eligible office, industrial, mixed-use, and other commercial real estate.
Built around your situation
Who May Benefit From Non-QM Financing?
Examples may include:
- Self-employed borrowers
- Real estate investors
- Borrowers with nontraditional income documentation
- Borrowers with complex income or asset profiles
- Foreign-national borrowers
- Certain commercial-property borrowers
- Situations that do not fit standard agency underwriting
The broker advantage
Why Work With a Mortgage Broker?
Non-QM guidelines can vary significantly from lender to lender.
We compare available programs across multiple lending sources and help identify options that may better fit the borrower’s income, documentation, property type, and financing goals.
Not Sure Which Program Fits?
Tell us about your income, property, and financing goals, and we’ll help identify the programs worth comparing.
A little more clarity
Non-QM Loan
Questions, Answered
What is a Non-QM loan?
A Non-QM loan is a mortgage that does not follow all of the standard qualified-mortgage underwriting rules used by conventional agency programs. These loans may use different methods to evaluate income, assets, property cash flow, or other borrower qualifications.
Are Non-QM loans only for self-employed borrowers?
No. Self-employed borrowers are one common use case, but Non-QM programs may also serve investors, borrowers with nontraditional income, foreign nationals, and other situations that do not fit standard agency guidelines.
What is a bank statement loan?
A bank statement loan may allow eligible self-employed borrowers to document qualifying income using personal or business bank statements rather than relying solely on traditional tax-return income.
What is a DSCR loan?
A DSCR loan is generally used for investment properties and focuses primarily on whether the property’s rental income can support the proposed debt obligation.
Do Non-QM loans have different qualification requirements?
Yes. Guidelines vary by lender and program, which is why comparing multiple lending sources can be useful.
Still have questions? We’re happy to help.
Get in touch with Linda & Roland →
Ready to Discuss Your Financing Options?
If traditional mortgage guidelines do not fit your situation, we can help compare alternative programs and determine which options may be worth considering.