ENTERING ORBIT…
ENTERING ORBIT…
News & Guides
Playbooks, guideline intel, and market news for loan originators working Non-QM.
Agency wants four to seven years after a BK. Non-QM programs exist from one day post-discharge — if you know how the seasoning matrices work. The clocks, the compensating factors, and the refinance plan.
Read the guide
DSCRSTR income is the most misquoted number in DSCR lending. Host-statement programs, projection haircuts, the condotel trap, and how to quote an Airbnb file without walking it back.
Read
BasicsNon-QM isn't subprime, and it isn't exotic — it's the fastest-growing corner of the mortgage market and most LOs still can't speak it. Here's the map: what Non-QM covers, who funds it, and why it belongs in your bag.
Read
DSCRDSCR is the gateway drug of Non-QM — one ratio, no DTI, no tax returns, and a borrower type that buys again and again. How the math works, what kills files, and how to price it.
Read
Asset DepletionRetirees and post-exit founders are rich on the statement and invisible on the 1040. Asset depletion converts the portfolio into qualifying income — and the divisor you pick decides the approval.
Read
Bank StatementOne in ten American workers is self-employed and most of their tax returns are engineered to show as little as legally possible. Bank statement lending is how you close them — here's the underwriting logic.
Read
Fix & FlipLTC, rehab funding, and the ARV ceiling — three dials that all have to clear for a flip loan to work. How experience tiers move the numbers and where first-timers actually get funded.
Read
ITIN & Foreign NationalMillions of ITIN holders and a steady stream of foreign buyers want US real estate — and almost nobody in your market is competing for them. The programs, the documentation, and the referral flywheel.
Read
JumboPrivate-client jumbo wants an 800-FICO W-2 surgeon. The actual luxury market is entrepreneurs with layered income and the occasional scar. How Non-QM jumbo wins those files.
Read
Property TypesLitigation, investor concentration, hotel operations — the things that make a condo 'non-warrantable' and the Non-QM shops that finance them anyway. A property-type field guide.
Read
DSCRInvestors want the liability shield; DSCR programs are built for it. Operating agreements, personal guarantees, and the five documents to collect at application instead of at CTC.
Read
DSCRIO isn't 2006 nostalgia — it's the lever that turns a 0.94 DSCR decline into a 1.08 approval. When it counts in the ratio, what it does to pricing, and how to present it without flinching.
Read
BasicsTwenty wholesalers say they 'do Non-QM.' Six questions separate the ones who close weird files from the ones who re-trade them at day 25. A vetting framework for building your stack.
Read
Bank StatementBank statements, P&L-only, asset depletion, DSCR, true no-ratio — the full doc-type ladder from most to least documentation, and how to pick the rung that derives the most income.
ReadThe daily brief, delivered
Members get guideline changes, rate moves, and market shifts summarized daily — so you don't have to dig.
Join free