What Is a Non-QM Loan? A non-qualified mortgage (non-QM) loan is a type of mortgage that does not meet the Consumer Financial Protection Bureau’s criteria for a “qualified mortgage.” Qualified mortgages typically follow strict guidelines regarding debt-to-income ratios, documentation, and income verification. In contrast, non-QM loans offer more flexible underwriting standards and are tailored for... The post How to Refinance a Non-QM Loan appeared first on Griffin Funding.
