Program highlights
- DSCR — qualify off rental income, not personal income or W-2s
- 12 or 24-month bank statement programs for self-employed borrowers
- 1099-only qualification for realtors, contractors, and gig workers
- P&L-only, asset-depletion, and CPA-letter income options
- Down payments from 10–25% on most files
- Loan amounts up to $3M+
Who it's best for
- Self-employed and 1099 professionals across Florida
- Real estate investors buying long-term or short-term rentals
- Business owners with strong deposits but conservative Schedule C
- Buyers between W-2 roles or in early years of a new business
What Florida buyers should know
Florida's economy runs on small business, hospitality, and real estate — three of the industries most poorly served by traditional agency guidelines. Joann underwrites Non-QM files weekly and knows which investor prices each scenario best.
Frequently asked questions
What is a Non-QM loan?+
Any mortgage that doesn't meet the Qualified Mortgage (agency) definition — most commonly used for self-employed, investor, and complex-income borrowers.
Are Non-QM rates higher?+
Modestly, yes — typically 0.5–1.25% higher than comparable conventional pricing, depending on program and file. In exchange you get flexibility conventional cannot offer.
Can I refinance from Non-QM into conventional later?+
Yes. Many Joann clients use Non-QM for 12–24 months, then refinance into conventional once they can document income the agencies want.
Explore more Florida loan programs
Ready to talk non qm (dscr-bank statement-1099)?
Joann answers her own phone. Get a real quote — no credit pull without your consent, no pressure, no sales script.