As mortgage guidelines tighten for traditional borrowers, Non QM loans in 2025 have stepped up as essential tools for clients who don’t fit the conventional mold. At North Star Mortgage Network, we offer some of the most competitive and exclusive Non-QM lending products in the country—helping borrowers qualify with alternative documentation, asset strength, or property cash flow. Whether you’re self-employed, a foreign national, or just need a flexible structure, our loan options deliver where others fall short.

Exclusive Non QM Loans for 2025: What Sets North Star Apart

We’re proud to offer truly unique Non QM programs you won’t find anywhere else in the market. Two standout products in 2025 include the Ally Product and our Asset Depletion with DSCR strategy.

Ally Product – No Income, No Employment Loan

This is a true game-changer in Non QM lending. Our Ally Product is ideal for borrowers purchasing a primary or secondary home who have strong credit and assets but don’t fit traditional income profiles.

Key Features:

  • No income, employment, or DTI required
  • Primary and secondary residences
  • Up to 80% LTV (660 minimum score; 720+ for max LTV)
  • Qualify using credit score and reserves
  • 9–12 months of reserves required based on LTV
  • First-time homebuyers welcome
  • 100% gift funds allowed
  • Available for purchase, rate/term refi, or cash-out

This is one of the only products of its kind available nationwide.

Asset Depletion with DSCR – Boost Cash Flow & Approval Odds

This hybrid program blends traditional rental income with asset-based income calculations to strengthen the borrower’s Debt Service Coverage Ratio (DSCR). It’s especially helpful for investors and those needing higher LTVs.

How It Works:

Before Asset Depletion

  • Rental Income: $3,000
  • PITIA: $4,000
  • DSCR: 0.75

After Asset Depletion

  • $60,000 in liquid assets ÷ 60 = $1,000 added income
  • $3,000 (rent) + $1,000 (assets) = $4,000
  • DSCR now = 1.0
  • Property qualifies for better terms and higher LTV

LTV up to 85% makes this an outstanding option for borrowers looking to leverage liquidity and retain more capital.

Additional 2025 Non QM Highlights

We also offer expanded guidelines to give borrowers even more flexibility and buying power:

DSCR Loans

  • Up to 85% LTV
  • Loans up to $3M
  • Vacant refinance OK
  • Recently listed properties – no hits
  • Use higher of 1007 or lease rents
  • No seasoning required for value or refinance

Alt Doc Options

  • Bank statements (full or streamlined)
  • 1099, P&L, WVOE documentation allowed
  • Expense factor down to 10% on business statements
  • Up to $3M with 85% LTV

Foreign National & ITIN Loans

  • Foreign National: Up to 75% LTV, DSCR or DTI
  • ITIN borrowers: DSCR up to 80%, DTI to 85%
  • Available for primary, secondary, and investment

Super Jumbo Loans

  • From $3M to $5M
  • Competitive pricing and underwriting

Why Choose North Star Mortgage for Your Non QM Loan?

At North Star Mortgage Network, we don’t just offer flexible loan options—we guide you through them with honesty, clarity, and over 25 years of experience. Our non-QM specialists understand how to structure unique scenarios to help you succeed—no big bank red tape or robotic responses here.

We’re your trusted partner in Florida mortgage lending, with thin margins, fast closings, and real answers.

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