10 Reasons Why You Can No Longer Afford to Ignore Non-QM

The times they are a changin', and I'm not talking about Bob Dylan! Below are just a few of the many reasons you really can't afford to ignore this enormous market opportunity any longer...

1. Industry projections show a probable 400% increase in non-QM volume in 2019 alone!

2. Over 16 million self-employed borrowers and growing.

3. Boomerang borrowers who have repaired credit damaged during the mortgage crisis.

4. Millennials with high student-debt levels.

5. Baby boomers with assets but low, or unsteady income.

6. The significant drop in refi volume.

7. Responsible underwriting, improved underwriting technology and guidelines, along with proven loan performance.

8. Non-QM borrowers are solid, with an average 699 FICO score, and loan credit performance has been solid with a delinquency rate under 2%.1,2

9. The likely discontinuance of the GSE Patch for the CFPB’s 2013 Ability-to Repay (ATR) and Qualified Mortgage (QM) rule.

10. The future of the residential real estate and mortgage industries.

These are just 10 of the many reasons why most mortgage professionals have either already embraced, or are in the process of investigating, this huge opportunity to close more business...why not you?

I would be happy to help, just shoot me an email at [email protected] or call/text me direct at (430) 27NONQM (276-6676).

1.Nomura: 2019 Securitized Products Outlook

2.Wells Fargo Research