Non Qualified Mortgage Loans. A Qualified Mortgage (QM) is a home mortgage loan that meets the standards set forth by the Federal government. The cfpb defined qualified mortgage rule and designed to create safe loans by prohibiting or limiting certain high-risk products and features.

There are more options than ever before when it comes to getting the money you need to buy a home. Whether you’re trying to buy a home with bad credit or you’re otherwise unable or unwilling to get a conventional mortgage, there are plenty of non-traditional mortgage lenders worthy of consideration.

Alternative Mortgage Lenders Are Changing Home Buying online mortgage lenders, web marketplaces, new brokers and non-bank lenders are all trying to make it easier to get a mortgage. Hal M. MortgageFlexONE works with HELOC’s, chattel loans, consumer lending, manufactured home loans, construction, conventional.