Non-QM Loan FAQs

Everything You Need to Know About Flexible Loan Options
What is a DSCR Loan?
DSCR loans are designed for property investors. They focus on the property's cash flow instead of personal income. Borrowers provide proof of rental income for eligibility.
What is a Bank Statement Loan?
A Bank Statement Loan uses 12-24 months of bank statements to verify income, ideal for self-employed borrowers or those without W-2s.
What is a Foreign National Loan?
Foreign National Loans allow non-U.S. residents to finance real estate without a social security number. Requirements often include a valid passport, visa, and down payment.
What is the funding timeline for Non-QM loans?
Non-QM loans typically take 2-3 weeks from application to funding, depending on document submission.
What properties qualify for Non-QM loans?
Non-QM loans can fund residential investment properties, commercial properties, and vacation rentals like Airbnbs.
How do I get started with SkyGuard Group?
Complete our short form or call us directly for a quick consultation. We’ll guide you through pre-approval and funding within 2-3 weeks.

💸 Investor-Specific FAQs

Can Non-QM loans be used for Airbnb or short-term rentals?
Yes, Non-QM loans are an excellent option for financing Airbnb or short-term rental properties. The loan is typically based on the property’s income potential.
What types of properties can investors finance with Non-QM loans?
Investors can finance single-family homes, multi-family properties, condominiums, mixed-use properties, and commercial real estate.
How do DSCR loans benefit real estate investors?
DSCR loans calculate a property’s income against its debt, allowing investors to qualify based on cash flow rather than personal income.
Can I use rental income to qualify for a Non-QM loan?
Yes, rental income is commonly used to qualify for Non-QM loans, especially with DSCR loan products.
Are there Non-QM loans for first-time investors?
Absolutely! Non-QM loans are designed to cater to both seasoned and first-time investors, offering flexible terms and fast approvals.
Can I refinance an investment property with a Non-QM loan?

Yes, Non-QM loans are a great option for refinancing investment properties. Whether you want to lower your rate, access equity, or consolidate debts, these loans offer flexible terms tailored to your investment goals.