At North Star Mortgage Network, we understand that not every borrower fits into a conventional box. That’s why we proudly offer a wide range of Non-QM (Non-Qualified Mortgage) loan programs—designed for self-employed borrowers, real estate investors, foreign nationals, and others with unique income or credit scenarios.

What Are North Star Non-QM Loans?

Non-QM loans are a smart solution for borrowers who may not qualify under traditional mortgage guidelines due to how they report income, recent credit events, or investment property structures. At North Star, we offer one of Florida’s most diverse and flexible Non-QM product lineups.

Bank Statement Loans

Perfect for self-employed borrowers who prefer not to use tax returns.

  • Up to 90% LTV
  • 12 or 24 months of personal or business bank statements
  • Loan amounts up to $4 million
  • Minimum FICO: 640
  • Interest-only payment options available

DSCR Loans (Debt Service Coverage Ratio)

Ideal for real estate investors using property cash flow to qualify.

  • No income or employment documentation required
  • DSCR as low as 0.80 accepted
  • “No Ratio” DSCR options available
  • Short-term rental income accepted (AirDNA reports allowed)
  • Vesting in LLCs, corporations, and trusts permitted
  • Loan amounts up to $3 million

Asset Qualifier Loans

Built for high-net-worth borrowers with significant assets but limited income documentation.

  • No employment, income, or DTI requirements
  • Loans up to $4 million
  • Primary residence only
  • Minimum FICO: 700

ITIN & DACA Loans

Helping more families become homeowners—even without a traditional Social Security number.

  • Loans up to $750,000
  • Up to 80% LTV for purchases
  • Cash-out refinances up to $550,000
  • Credit scores starting at 640
  • Bank statement qualification allowed

Foreign National Loans

Tailored for non-U.S. citizens investing in U.S. real estate.

  • Loans up to $1.5 million
  • Up to 70% LTV
  • No U.S. credit, SSN, or employment needed
  • Closings allowed in U.S. LLCs
  • 12 months reserves (can be held in home country)

Closed-End Seconds & HELOCs

Access equity without refinancing your first mortgage.

  • HELOCs up to 90% CLTV
  • Closed-end seconds up to $750,000
  • Available on primary, second homes, and investment properties
  • Bank statement or full doc allowed

Jumbo and Portfolio Select Programs

For borrowers with strong credit but complex income or recent housing events.

  • Loans up to $4 million
  • Up to 90% LTV
  • Interest-only available
  • Full doc or alternative income accepted

Who Can Benefit from North Star Non-QM Loans?

These Non-QM mortgage options are designed for:

  • Self-employed and 1099 earners
  • Real estate investors
  • Business owners with strong cash flow but limited traditional income
  • Foreign nationals purchasing U.S. properties
  • Borrowers with recent bankruptcies, foreclosures, or credit hiccups

Why Choose North Star Mortgage Network?

We combine personalized service with big-lender options, offering:

  • Competitive Non-QM rates
  • Fast, common-sense underwriting
  • Direct access to specialized programs
  • Clear communication throughout the loan process

As always: Your best interest is our principal concern.

Let’s Find the Right Program for You

Have questions or ready to explore your options? Let’s talk.

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