At Jet Direct Mortgage, I specialize in loan solutions for borrowers who don’t fit into a traditional box. Whether you’re self-employed, an investor, or have unique income sources, my Non-QM arsenal offers flexible pathways to secure the financing you need—without unnecessary roadblocks or delays.
Sometimes your tax returns don’t tell the full story. With a Bank Statement Loan, I can qualify you based on 12–24 months of your bank statements instead of W-2s or tax returns. This lets me showcase your actual income and move past the roadblocks of traditional documentation.
Ideal for:
Self-employed professionals, freelancers, and business owners whose tax returns understate real cash flow.
How it works:
We use your bank statements to document income, bypassing the need for W-2s or full tax returns. This often speeds up approval and eliminates unnecessary scrutiny.
Why it matters:
It reflects your real financial strength—without penalizing you for legal deductions or irregular income patterns.
If you’re a business owner, tax paperwork can get complicated. With a P&L-Only Loan, I can qualify you using just your profit-and-loss statement—often CPA-prepared—so you can secure financing without digging up every form.
Ideal for:
Entrepreneurs with complex or messy tax returns but strong business earnings.
How it works:
Submit a CPA-prepared P&L statement instead of complete tax documentation.
Why it matters:
You get to highlight your actual business success without the delays of over-documentation.
When you have strong liquid assets but minimal reported income, traditional loans can be frustrating. Asset Depletion Loans calculate qualifying income from your investments, retirement accounts, and cash reserves—giving you credit for the wealth you’ve built.
Ideal for:
High-net-worth borrowers with significant liquid assets and low reported income.
How it works:
Lenders divide your asset value over a set term to determine qualifying “income.”
Why it matters:
You can keep your financial flexibility and liquidity while still securing the property you want.
As an investor, your property’s performance should be the deciding factor—not your personal income. DSCR Loans approve you based on the rental income potential of the property, making it easier to scale your portfolio.
Ideal for:
Real estate investors, fix-and-flip entrepreneurs, and rental property buyers.
How it works:
Approval is based on your property’s DSCR—the ratio of income it produces compared to its debt payments. A DSCR of 1.25 means the property covers 125% of its obligations.
Why it matters:
Financing is based on ROI, not your pay stubs, so you can grow faster with less personal underwriting hassle.
A 1099 Non‑QM Loan is a type of Non‑Qualified Mortgage (Non‑QM) designed for self‑employed contractors, freelancers, and gig workers who receive income via 1099 forms instead of traditional W-2 employment.
Flexible Income Verification:
Instead of W‑2s or pay stubs, lenders accept 1–2 years of IRS 1099 forms, often paired with year-to-date income, and sometimes a CPA-prepared Profit & Loss statement or fixed expense ratio to determine net income
Alternative Underwriting:
Borrowers who don’t fit standard lending criteria—because of unsteady income patterns or non-traditional documentation—can still qualify through this path
Broader Eligibility & Property Types:
Common among independent contractors, real estate agents, and commission-based professionals They're usable for primary residences, second homes, and investment properties
Not everyone has a tidy pay stub history—and that’s okay. With a WVOE Loan, I can qualify you based on a written employment verification from your employer, giving you a simpler path to approval.
Ideal for:
Borrowers with variable income or employers unable to provide traditional pay stubs.
How it works:
We use your employer’s written verification to confirm your employment and income instead of standard pay documents.
Why it matters:
It validates your work and income in a way that matches your reality, opening the door to financing that might otherwise be out of reach.
A Non-Qualified Mortgage (Non-QM) Second Position Loan is a type of home equity loan or second mortgage that sits behind your first mortgage in lien priority. It’s designed for borrowers who don’t meet traditional lending guidelines but still want access to their home’s equity without disturbing their existing mortgage. Unlike conventional second mortgages, Non-QM options allow for flexible qualification methods, making them a practical solution for self-employed borrowers, investors, and homeowners with complex income situations.
Borrower Profile | Best Fit Non-QM Loan | Why It Wins |
|---|---|---|
Self-employed with write-offs | Bank Statement or P&L-Only | Captures real cash in/outflow |
High-net-worth, low-income reporting | Asset Depletion | Converts wealth into borrowing power |
Portfolios generating rental income | DSCR | Property income leads approval |
Variable income or informal employers | WVOE | Flexible validation for non-traditional docs |
If you’ve been turning away clients because they don’t fit the traditional lending box, it’s time to stop leaving deals—and money—on the table. Let’s work together to structure the right Non-QM solution and get your clients to the closing table.
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Service areas:Long Island|NYC|CA|NC
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