Self-employed, investor, 1099 contractor? Traditional lenders don't understand your income. We do. DSCR, bank statement, and asset-based programs built for how you actually earn.
Traditional lenders want two years of tax returns. We look at the full picture — your cash flow, assets, and business performance.
Qualify based on the property's rental income — not yours. Perfect for real estate investors scaling their portfolio.
Use 12-24 months of personal or business bank statements instead of tax returns. Built for self-employed borrowers.
Independent contractor or freelancer? Qualify using 1099 income documentation — no Schedule C or CPA letter required.
A CPA-prepared Profit & Loss statement is all you need. Great for business owners whose tax returns don't reflect true income.
Qualify using your liquid assets — stocks, bonds, retirement accounts. No employment or income verification needed.
Tell us about your situation and we'll identify the best option for you. No commitment, no pressure.
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You've been told your income is "too complicated" or your tax returns don't show enough. That's because traditional lenders use a system designed for W-2 employees.
We specialize in borrowers whose income story is real — but doesn't fit in a box.
No runaround. No surprises. Just honest guidance from start to finish.
2-minute form. Select your loan type, property details, and how you earn income.
Personal review within 24 hours. You'll get a call — not an email blast.
We find the best non-QM product for your situation with competitive terms.
Streamlined underwriting. Average close in 21 days. We keep you updated every step.
Traditional lenders turned them away. We found a way. Here's what our borrowers say.
Three banks rejected me because my income is through my LLC. Altqual looked at my bank statements instead and had me approved in five days. Closed on my investment property in under three weeks. Couldn't have done it without them.
As a freelance consultant my tax returns look terrible on paper — lots of write-offs. Altqual used my 1099s and it was smooth from start to finish. They actually explained every step, no surprises at closing.
I have seven rental properties and needed to add an eighth. Every conventional lender said I had too many financed properties. Altqual's DSCR program only cared about the rent income on the new property. Rate was fair, process was fast.
No credit check. No obligation. We personally review every submission.
Select all that apply, or pick "Not sure" and we'll figure it out together.
Great choice! Just a few details about the property.
This helps us match you to the right program.
We'll personally review your scenario and call you within 24 hours.
We'll personally review your scenario and reach out within 24 hours with your best options. No runaround — just real answers.
Most loan officers know conventional. We've spent 17+ years mastering every non-QM product on the market. DSCR, bank statement, asset depletion, P&L-only — we've closed them all.
Altqual isn't a call center. When you submit your info, we personally review your scenario and build a strategy to get you approved — not just a rate quote.
What every investor and self-employed borrower needs to know about alternative lending programs.
DSCR stands for Debt Service Coverage Ratio — a metric that measures whether a rental property's income can cover its mortgage payment. Unlike conventional loans, DSCR loans don't require W-2s or tax returns. The property qualifies itself.
Divide the property's gross monthly rental income by its total monthly debt obligation (principal, interest, taxes, insurance, and HOA). A ratio of 1.0x means break-even. Most lenders require 1.0x minimum, with better rates available at 1.25x and above. Rental income is verified via a current lease agreement or a market rent appraisal.
Real estate investors purchasing or refinancing single-family rentals, multi-unit properties (2–8 units), and short-term rentals. No personal income verification, no employment history, and no debt-to-income calculation required.
DSCR loans exist because investors shouldn't need to prove personal income to fund profitable rental properties. If the numbers work on the deal, you can get funded — regardless of how your tax return looks.
Get a DSCR quote →Self-employed borrowers often earn strong income, but tax write-offs make it look lower on paper. A bank statement loan fixes this by qualifying you on actual deposits — not your net taxable income.
Lenders review 12 to 24 months of personal or business bank statements. They calculate average monthly deposits, apply an expense factor (typically 50% for business accounts, 100% for personal accounts), and use that figure as your qualifying income. No tax returns required.
Self-employed business owners, freelancers, 1099 contractors, consultants, sole proprietors, and LLC or S-Corp owners. If write-offs have artificially lowered your taxable income, this program was designed for your situation.
Bank statement loans are how self-employed borrowers stop getting penalized for running a profitable business. Your deposits reflect your real income — and so should your mortgage qualification.
See if you qualify →The core difference is documentation. Conventional loans require W-2s, pay stubs, and two years of tax returns. Non-QM loans accept alternative proof of income: bank statements, 1099 forms, P&L statements, rental income, or liquid assets.
Lower rates — typically 0.5–1.5% below non-QM. Fannie Mae and Freddie Mac guidelines allow conventional loans to be sold on the secondary market, which keeps rates competitive. If you have W-2 income and your property fits standard guidelines, conventional is likely the better deal.
Non-QM loans are portfolio products — lenders hold them rather than selling them, which is why rates run slightly higher. But for borrowers who don't fit the conventional box, non-QM isn't a compromise. It's the program built specifically for them.
Talk to a loan officer →Most mortgage lenders were built around salaried employment. If you don't have a W-2, you've probably heard "we can't help you" more times than you'd like. Here's exactly how non-QM qualification works without traditional income documentation.
12–24 months of personal or business deposits averaged to calculate monthly income. No tax returns needed. Works best for self-employed borrowers and business owners with consistent revenue.
Some programs accept 1099 forms directly, using gross 1099 earnings before deductions. A 1–2 year average of 1099 income can be used to qualify. Ideal for independent contractors, real estate agents, gig workers, and freelancers.
A profit and loss statement prepared by a licensed CPA can qualify you without tax returns or bank statements. Strong option for business owners who want to document profitability directly and cleanly.
If you have significant liquid assets — investment accounts, retirement funds, or cash reserves — lenders can "deplete" those assets over the loan term to calculate qualifying income. Used primarily by retirees and high-net-worth individuals with minimal regular income.
The right strategy depends on your specific situation. We match borrowers to the documentation method that tells their income story accurately — and gets them approved.
Find your qualifying program →2 minutes. No credit pull. We personally review every scenario and respond within 24 hours.