The Creative BRRRR Strategies Podcast

S2E113 - Non-QM Lending And The Real Estate Investor

Joseph V. Scorese Season 2 Episode 113

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0:00 | 1:00:09

Joseph discusses the growing importance of non-qualified mortgage (NonQM) lending in the real estate investment sector. He explains that NonQM lending provides both short and long-term options outside of Fannie Mae and Freddie Mac, following guidelines rather than strict regulations. 

Joseph highlights that these loans are typically asset-based, focusing on bank statements, debt service coverage ratios, and appraisals, with credit scores usually starting at 660. He emphasizes that Debt Service Coverage Ratio (DSCR) loans are particularly beneficial, offering faster closings and various options for different property types and investment strategies.


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