Non-qualified mortgages or non-QM
About non-QM loans
The Bank Statement Mortgage Loans are the most popular, but the runner up is the Investor Cash Flow (ICF) or Debt Service Coverage Ratio (DSCR). This allows someone to buy an investment property by putting at least 20% down on a residential property without verifying the income or debts of the buyer. So we use the income of the property, instead of the income of the owner. Just like a commercial mortgage.