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Unlock Low Rates with Ease
Discover how Geovanne Colon simplifies the mortgage qualification process for you.
Apply today for the mortgage
that’s right for you.
Unlock Low Rates with Ease
Discover how Geovanne Colon simplifies the mortgage qualification process for you.
Low Rate.
Zero Hassles.
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Low Rate.
Zero Hassles.
Get a free quote
Feel Overwhelmed by Mortgage Choices? I Understand.
Feeling Lost in a Sea of Mortgage Options? Finding the right mortgage can be a daunting task. With an overwhelming array of rates, terms, and lenders, it's easy to feel lost and uncertain. Are you worried about high interest rates, hidden fees, or choosing a mortgage that doesn't fit your long-term goals?
Welcome to Your Gateway to Home Ownership
Embark on a seamless journey towards your dream home with Geovanne Colon, your trusted ally in mortgage solutions. With years of expertise and a commitment to securing the lowest rates, my mission is to transform the complex landscape of home financing into a simplified, transparent path leading straight to the keys of your new home.
Why Choose Us?
Ready to Start?
Your perfect home won't wait forever, and neither should you. Begin your journey today with a loan officer that puts you first. By choosing us, you're not just getting a loan – you're gaining a lifelong partner in all your mortgage endeavors.
Start your no-obligation consultation now and join the myriad of satisfied homeowners who have unlocked the doors to their future with ease and confidence. Dive into our world of simplified lending, and let's turn your homeownership dreams into reality.
Welcome Home!
Loan Programs We Help With
Seamless Solutions, Limitless Possibilities
Residential Mortgage Programs
1. FHA Loans
Federal Housing Administration (FHA) Loans
• Suitable for first-time homebuyers
• Low down payment options (as low as 3.5%)
• Requires mortgage insurance
• Lenient credit scores accepted
• 203K Renovation Loans Available
2. Conventional Loans
Conventional Mortgage Loans
• Preferred by borrowers with stronger credit
• Down payments as low as 3%
• Available in fixed or adjustable rates
• No government insurance premiums
• HomeStyle Renovation Loan Available
3. USDA Loans
US Department of Agriculture (USDA) Loans
• Ideal for eligible rural and suburban homebuyers
• Zero down payment
• Low insurance costs
• Income and geographic restrictions apply
4. VA Loans
Veterans Affairs (VA) Mortgage Loans
• Exclusively for veterans, active-duty service members, and eligible spouses
• No down payment required
• No mortgage insurance needed
• Competitive interest rates
A. ITIN - No Social Security Loans
• For borrowers with an Individual Tax Identification Number
• Lacks Social Security number
B. 1099 Loans
• Designed for independent contractors or self-employed individuals
• Based on the 1099 tax form income
C. VOE Only
• Verification of employment as the primary source of income validation
D. Asset Depletion
• Utilizes borrower's liquid assets for qualification purposes
E. Bank Statement Loans
• Income based on bank statements, suitable for self-employed borrowers
F. DSCR - Investor No Income Verification
• For real estate investors, using property cash flow as a qualification metric
Non-Qualified Mortgage (Non-QM) Loans
Loan Programs We Help With
Seamless Solutions, Limitless Possibilities
Residential Mortgage Programs
1. FHA Loans
Federal Housing Administration (FHA) Loans
• Suitable for first-time homebuyers
• Low down payment options (as low as 3.5%)
• Requires mortgage insurance
• Lenient credit scores accepted
2. Conventional Loans
Conventional Mortgage Loans
• Preferred by borrowers with stronger credit
• Down payments as low as 3%
• Available in fixed or adjustable rates
• No government insurance premiums
3. USDA Loans
US Department of Agriculture (USDA) Loans
• Ideal for eligible rural and suburban homebuyers
• Zero down payment
• Low insurance costs
• Income and geographic restrictions apply
4. VA Loans
Veterans Affairs (VA) Loans
• Exclusively for veterans, active-duty service members, and eligible spouses
• No down payment required
• No mortgage insurance needed
• Competitive interest rates
Non-Qualified Mortgage (Non-QM) Loans
A. ITIN - No Social Security Loans
• For borrowers with an Individual Tax Identification Number
• Lacks Social Security number
B. 1099 Loans
• Designed for independent contractors or self-employed individuals
• Based on the 1099 tax form income
C. VOE Only
• Verification of employment as the primary source of income validation
D. Asset Depletion
• Utilizes borrower's liquid assets for qualification purposes
E. Bank Statement Loans
• Income based on bank statements, suitable for self-employed borrowers
F. DSCR - Investor No Income Verification
• For real estate investors, using property cash flow as a qualification metric
More Loan Programs
Foreign National Loans
• Tailored for non-U.S. citizens looking to buy investment or vacation properties in the U.S.
• May require larger down payments and proof of foreign income.
Jumbo Loans
• Exceed the loan limits set by the FHFA for conventional mortgages.
• Requires non-traditional underwriting to accommodate the larger loan amount.
Real Estate Investor Loans
• Customized loans for experienced real estate investors.
• Can include options for multiple properties under a single loan (blanket loans).
Non-Warrantable Condo Loans
• For condos that do not meet specific requirements by Fannie Mae or Freddie Mac.
• Necessary for financing condos in buildings with more owner-occupied spaces or litigation issues.
Credit Event Loans
• Available to borrowers with significant derogatory credit events, such as bankruptcy or foreclosure.
• Typically requires a higher down payment or additional reserves.
Hard Money/Private Lending
•For immediate or short-term financing needs
• Higher-cost, short-term loans
• Asset-based lending criteria
• Terms typically around 12 months
Fix and Flips
• Loans crafted for renovating and flipping properties
Commercial Loans
•Tailored for businesses to purchase or refinance commercial property
• Offering solutions for office buildings, retail spaces, and industrial properties
• Custom terms to align with business strategies
New Construction
• Financing for ground-up construction projects
Small Business Administration (SBA) Loans
• Federally backed to help start or grow a business
• Lower down payments
• Longer repayment terms
• Focused on small businesses
Bridge Loans
• Short-term loans to bridge the gap during transitional periods
Down Payment Assistance Programs
• Provides prospective homebuyers with loans or grants that they can use toward the down payment for a house.
• Most down payment assistance programs are designed for first-time homebuyers and offered by various institutions, such as government, non-profits, or lenders.
More Loan Programs
Foreign National Loans
• Tailored for non-U.S. citizens looking to buy investment or vacation properties in the U.S.
• May require larger down payments and proof of foreign income.
Jumbo Loans
• Exceed the loan limits set by the FHFA for conventional mortgages.
• Requires non-traditional underwriting to accommodate the larger loan amount.
Real Estate Investor Loans
• Customized loans for experienced real estate investors.
• Can include options for multiple properties under a single loan (blanket loans).
Non-Warrantable Condo Loans
• For condos that do not meet specific requirements by Fannie Mae or Freddie Mac.
• Necessary for financing condos in buildings with more owner-occupied spaces or litigation issues.
Credit Event Loans
• Available to borrowers with significant derogatory credit events, such as bankruptcy or foreclosure.
• Typically requires a higher down payment or additional reserves.
Hard Money/Private Lending
•For immediate or short-term financing needs
• Higher-cost, short-term loans
• Asset-based lending criteria
• Terms typically around 12 months
Fix and Flips
• Loans crafted for renovating and flipping properties
Commercial Loans
•Tailored for businesses to purchase or refinance commercial property
• Offering solutions for office buildings, retail spaces, and industrial properties
• Custom terms to align with business strategies
New Construction
• Financing for ground-up construction projects
Small Business Administration (SBA) Loans
• Federally backed to help start or grow a business
• Lower down payments
• Longer repayment terms
• Focused on small businesses
Bridge Loans
• Short-term loans to bridge the gap during transitional periods
Down Payment Assistance Programs
• Provides prospective homebuyers with loans or grants that they can use toward the down payment for a house.
• Most down payment assistance programs are designed for first-time homebuyers and offered by various institutions, such as government, non-profits, or lenders.
Who We Help?
Seamless Solutions, Limitless Possibilities
First Time Home Buyers
We know how overwhelming the process of buying a home is, especially if it is the first time that you're doing it. We will work closely with you to explain the process, to protect you from making mistakes that could cost you later, and to ensure that your mortgage gets approved and you get the home that you are so excited to be buying!
Move Up and Second Home Buyers
Buying a new home when you currently own one has it's own unique set of concerns. We can answer all of your questions about how to qualify and purchase a home when you already own one whether you're buying a new primary residence or a second vacation home.
Refinancing Home Owners
If you already own your home but you are looking to refinance to either save money with a lower interest rate or possibly take some cash out for any reason, we can help you with that. We also can show you how to make sure you are structuring your new financing to get the best deal possible.
Investment Buyers
If you're buying real estate for investment purposes, we can help you secure low rate financing to maximize your ROI.
Seniors Seeking Reverse Mortgages
If you are 62 years or older and are looking for options to stay in your home without a mortgage payment or to access your home's equity while still living there, I can answer your questions about reverse mortgages so you can decide if they are right for you.
What My Clients Say
Ready to Find Your Perfect Mortgage?
Are You A First Time Home Buyer?
Download Our Free Home Buyer's Guide
Other Resources You'll Find Helpful
Buyer's Guide for Real Estate Agent
(English)
Buyer's Guide for Real Estate Agent
(Spanish)
Seller's Guide for Real Estate Agent
(English)
Seller's Guide for Real Estate Agent
(Spanish)
Calculate Your Mortgage Payment
Our Blogs
Unlock Homeownership Flexibility: Your Complete Guide to Non-QM Mortgages
Unlock Homeownership Flexibility: Your Complete Guide to Non-QM Mortgages
Introduction: What Are Non-QM Mortgages?
For years, traditional mortgage lending has been geared toward W-2 employees with perfect credit, consistent income, and clean debt-to-income ratios. But what about self-employed borrowers, real estate investors, retirees, or those with unique financial profiles?
Non-QM mortgages (Non-Qualified Mortgages) were designed exactly for you.
A Non-QM mortgage is a type of home loan that doesn’t meet the strict guidelines set by Fannie Mae and Freddie Mac for "Qualified Mortgages." Instead, it provides alternative paths to homeownership through flexible underwriting standards.
If you’ve ever faced a mortgage rejection despite strong income or assets, Non-QM lending could be your best solution.
Why Non-QM Mortgages Are Gaining Popularity
✔ Rise of Gig Economy Workers
✔ More Entrepreneurs and Small Business Owners
✔ Investors Seeking Alternative Property Financing
✔ Immigrants and Foreign Nationals with Strong Assets
✔ Borrowers With Recent Credit Events (BK, Foreclosure, Short Sale)
In today's economy, millions of Americans have non-traditional financial situations. Non-QM loans offer a more realistic reflection of today’s diverse earning profiles.
Top Benefits of a Non-QM Mortgage
✅ Flexible Income Documentation
✅ Higher Debt-to-Income (DTI) Allowances
✅ Bank Statement Loans Available
✅ Credit Event Flexibility (Late payments, Bankruptcy OK)
✅ Asset Depletion Programs
✅ Foreign National Loans with No U.S. Credit
✅ Interest-Only Payment Options
Non-QM loans can open the door to better real estate opportunities and financial freedom.
Who Should Consider a Non-QM Loan?
Self-Employed Borrowers: Use bank statements instead of tax returns.
Real Estate Investors: Qualify based on rental income (DSCR loans).
High Net Worth Individuals: Use assets to qualify rather than income.
Foreign Nationals: No U.S. tax returns required.
Retirees: Prove ability to repay using retirement or investment income.
Borrowers with Recent Credit Events: Get approved even after a foreclosure or bankruptcy.
Common Types of Non-QM Loans
1. Bank Statement Loans
Perfect for self-employed borrowers who want to qualify using personal or business bank statements instead of tax returns.
👉 Typically requires 12-24 months of statements.
2. DSCR Loans (Debt-Service Coverage Ratio)
Designed for real estate investors. Approval is based on the cash flow from the rental property itself, not your personal income.
👉 If rent covers the mortgage, you're good.
3. Asset Depletion Loans
If you have significant savings or investments, lenders can calculate an "income" based on those assets rather than job income.
👉 Great for retirees or high-net-worth individuals.
4. Interest-Only Non-QM Loans
Pay only the interest for the first 5–10 years.
👉 Offers lower monthly payments initially, perfect for maximizing cash flow.
5. Foreign National Loans
For international borrowers looking to purchase U.S. real estate without U.S. credit history.
👉 Proof of assets and valid passport is usually enough.
How Do Non-QM Mortgages Differ from Conventional Mortgages?
Feature Conventional Loan Non-QM Loan
No Income Verification, W-2s, Tax Returns, Bank Statements, Assets
Credit Score Requirements
620+ (typically) Flexible (sometimes down to 580)
DTI Ratio Limits
Max 43%Up to 50% or more
Recent Credit Events: Major hurdles Minor hurdles
Property Types Allowed
Primary residence focus, Investment and second homes too
What Are the Requirements for a Non-QM Loan?
While every lender has different programs, common Non-QM mortgage requirements include:
Credit Score: Minimum 580–620, but the higher, the better
Down Payment: Typically 10%-20% down
Income Proof: Bank statements, profit & loss statements, rental income, or asset statements
Reserves: 3-12 months of mortgage payments in savings
Documentation: Valid ID, proof of funds, property documents
How to Qualify for a Non-QM Mortgage
👉 Step 1: Find a Specialized Non-QM Lender
Traditional banks may not offer Non-QM loans. Work with a licensed mortgage broker or Non-QM expert who has multiple Non-QM programs.
👉 Step 2: Gather Alternative Documentation
Prepare your 12-24 months bank statements, proof of assets, business license, or lease agreements.
👉 Step 3: Get Pre-Approved
A strong pre-approval shows sellers you're serious — and confident — about your home purchase.
👉 Step 4: Lock Your Rate and Close
Non-QM rates are generally higher than conventional rates, but flexibility is the real value.
Frequently Asked Questions (FAQ) About Non-QM Mortgages
1. Are Non-QM loans safe?
Yes! Non-QM loans are fully underwritten based on your ability to repay. They simply use different documentation than traditional loans.
2. Are interest rates higher on Non-QM loans?
Typically, yes. Rates are about 0.5% to 2% higher than conventional mortgages because lenders assume more risk.
3. Can I refinance my Non-QM mortgage later?
Absolutely. Many borrowers use a Non-QM mortgage to buy now and refinance into a traditional loan later.
4. How fast can I close on a Non-QM mortgage?
Some Non-QM lenders offer fast closings in as little as 2-3 weeks, depending on how quickly documents are submitted.
Why Choose [Your Business Name] for Your Non-QM Mortgage Needs?
At [Loanswithgeo.com], we understand that one-size-fits-all mortgage lending doesn't work anymore.
We specialize in Non-QM solutions for today's borrowers who deserve better options.
🏡 Local Expertise: Proudly serving clients in Boston, Massachusetts and nationwide
💼 Multiple Non-QM Programs: Bank statement loans, DSCR loans, asset-based, and more
💬 Personalized Service: One-on-one mortgage guidance tailored to your financial goals
⚡ Fast Approvals: Close on your Non-QM mortgage quickly with our streamlined process
📞 Ready to see if a Non-QM mortgage is right for you? Call us today at [Your Phone Number] or apply online at [Your Website Link].
How to Apply for a Non-QM Mortgage Today
Applying for a Non-QM mortgage is easy:
Schedule a free consultation with one of our loan experts.
Submit your alternative documentation.
Get pre-approved and start shopping!
Close your loan and unlock your future!
🔵 Click Here to Apply: Your Application Link
🔵 Call or Text: 617-821-1757
Flexibility Is the Future of Mortgage Lending
The future of mortgage lending is flexibility — and Non-QM mortgages are leading the way.
Whether you’re self-employed, investing in real estate, or simply don't fit the traditional mortgage mold, there's a solution for you.
Don't let outdated lending rules hold you back from your dream home or next investment.
Explore Non-QM mortgage options today with [Loanswithgeo.com] — your trusted Non-QM mortgage specialist!
Unlock Homeownership Flexibility: Your Complete Guide to Non-QM Mortgages
Unlock Homeownership Flexibility: Your Complete Guide to Non-QM Mortgages
Introduction: What Are Non-QM Mortgages?
For years, traditional mortgage lending has been geared toward W-2 employees with perfect credit, consistent income, and clean debt-to-income ratios. But what about self-employed borrowers, real estate investors, retirees, or those with unique financial profiles?
Non-QM mortgages (Non-Qualified Mortgages) were designed exactly for you.
A Non-QM mortgage is a type of home loan that doesn’t meet the strict guidelines set by Fannie Mae and Freddie Mac for "Qualified Mortgages." Instead, it provides alternative paths to homeownership through flexible underwriting standards.
If you’ve ever faced a mortgage rejection despite strong income or assets, Non-QM lending could be your best solution.
Why Non-QM Mortgages Are Gaining Popularity
✔ Rise of Gig Economy Workers
✔ More Entrepreneurs and Small Business Owners
✔ Investors Seeking Alternative Property Financing
✔ Immigrants and Foreign Nationals with Strong Assets
✔ Borrowers With Recent Credit Events (BK, Foreclosure, Short Sale)
In today's economy, millions of Americans have non-traditional financial situations. Non-QM loans offer a more realistic reflection of today’s diverse earning profiles.
Top Benefits of a Non-QM Mortgage
✅ Flexible Income Documentation
✅ Higher Debt-to-Income (DTI) Allowances
✅ Bank Statement Loans Available
✅ Credit Event Flexibility (Late payments, Bankruptcy OK)
✅ Asset Depletion Programs
✅ Foreign National Loans with No U.S. Credit
✅ Interest-Only Payment Options
Non-QM loans can open the door to better real estate opportunities and financial freedom.
Who Should Consider a Non-QM Loan?
Self-Employed Borrowers: Use bank statements instead of tax returns.
Real Estate Investors: Qualify based on rental income (DSCR loans).
High Net Worth Individuals: Use assets to qualify rather than income.
Foreign Nationals: No U.S. tax returns required.
Retirees: Prove ability to repay using retirement or investment income.
Borrowers with Recent Credit Events: Get approved even after a foreclosure or bankruptcy.
Common Types of Non-QM Loans
1. Bank Statement Loans
Perfect for self-employed borrowers who want to qualify using personal or business bank statements instead of tax returns.
👉 Typically requires 12-24 months of statements.
2. DSCR Loans (Debt-Service Coverage Ratio)
Designed for real estate investors. Approval is based on the cash flow from the rental property itself, not your personal income.
👉 If rent covers the mortgage, you're good.
3. Asset Depletion Loans
If you have significant savings or investments, lenders can calculate an "income" based on those assets rather than job income.
👉 Great for retirees or high-net-worth individuals.
4. Interest-Only Non-QM Loans
Pay only the interest for the first 5–10 years.
👉 Offers lower monthly payments initially, perfect for maximizing cash flow.
5. Foreign National Loans
For international borrowers looking to purchase U.S. real estate without U.S. credit history.
👉 Proof of assets and valid passport is usually enough.
How Do Non-QM Mortgages Differ from Conventional Mortgages?
Feature Conventional Loan Non-QM Loan
No Income Verification, W-2s, Tax Returns, Bank Statements, Assets
Credit Score Requirements
620+ (typically) Flexible (sometimes down to 580)
DTI Ratio Limits
Max 43%Up to 50% or more
Recent Credit Events: Major hurdles Minor hurdles
Property Types Allowed
Primary residence focus, Investment and second homes too
What Are the Requirements for a Non-QM Loan?
While every lender has different programs, common Non-QM mortgage requirements include:
Credit Score: Minimum 580–620, but the higher, the better
Down Payment: Typically 10%-20% down
Income Proof: Bank statements, profit & loss statements, rental income, or asset statements
Reserves: 3-12 months of mortgage payments in savings
Documentation: Valid ID, proof of funds, property documents
How to Qualify for a Non-QM Mortgage
👉 Step 1: Find a Specialized Non-QM Lender
Traditional banks may not offer Non-QM loans. Work with a licensed mortgage broker or Non-QM expert who has multiple Non-QM programs.
👉 Step 2: Gather Alternative Documentation
Prepare your 12-24 months bank statements, proof of assets, business license, or lease agreements.
👉 Step 3: Get Pre-Approved
A strong pre-approval shows sellers you're serious — and confident — about your home purchase.
👉 Step 4: Lock Your Rate and Close
Non-QM rates are generally higher than conventional rates, but flexibility is the real value.
Frequently Asked Questions (FAQ) About Non-QM Mortgages
1. Are Non-QM loans safe?
Yes! Non-QM loans are fully underwritten based on your ability to repay. They simply use different documentation than traditional loans.
2. Are interest rates higher on Non-QM loans?
Typically, yes. Rates are about 0.5% to 2% higher than conventional mortgages because lenders assume more risk.
3. Can I refinance my Non-QM mortgage later?
Absolutely. Many borrowers use a Non-QM mortgage to buy now and refinance into a traditional loan later.
4. How fast can I close on a Non-QM mortgage?
Some Non-QM lenders offer fast closings in as little as 2-3 weeks, depending on how quickly documents are submitted.
Why Choose [Your Business Name] for Your Non-QM Mortgage Needs?
At [Loanswithgeo.com], we understand that one-size-fits-all mortgage lending doesn't work anymore.
We specialize in Non-QM solutions for today's borrowers who deserve better options.
🏡 Local Expertise: Proudly serving clients in Boston, Massachusetts and nationwide
💼 Multiple Non-QM Programs: Bank statement loans, DSCR loans, asset-based, and more
💬 Personalized Service: One-on-one mortgage guidance tailored to your financial goals
⚡ Fast Approvals: Close on your Non-QM mortgage quickly with our streamlined process
📞 Ready to see if a Non-QM mortgage is right for you? Call us today at [Your Phone Number] or apply online at [Your Website Link].
How to Apply for a Non-QM Mortgage Today
Applying for a Non-QM mortgage is easy:
Schedule a free consultation with one of our loan experts.
Submit your alternative documentation.
Get pre-approved and start shopping!
Close your loan and unlock your future!
🔵 Click Here to Apply: Your Application Link
🔵 Call or Text: 617-821-1757
Flexibility Is the Future of Mortgage Lending
The future of mortgage lending is flexibility — and Non-QM mortgages are leading the way.
Whether you’re self-employed, investing in real estate, or simply don't fit the traditional mortgage mold, there's a solution for you.
Don't let outdated lending rules hold you back from your dream home or next investment.
Explore Non-QM mortgage options today with [Loanswithgeo.com] — your trusted Non-QM mortgage specialist!
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South Wind Financial, Inc.
Mortgage Broker Lic #MB9462
Branch NMLS #86116
1356 Atwood Ave. Johnston, RI 02919
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