{"id":15209,"date":"2025-05-23T05:56:59","date_gmt":"2025-05-23T10:56:59","guid":{"rendered":"https:\/\/www.morty.com\/resources\/?p=15209"},"modified":"2025-05-28T12:20:32","modified_gmt":"2025-05-28T17:20:32","slug":"what-is-a-non-qm-mortgage","status":"publish","type":"post","link":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage","title":{"rendered":"What is a Non-QM Mortgage?"},"content":{"rendered":"\n<p>As the mortgage market evolves, loan officers and brokers are increasingly looking beyond traditional loan options to meet the needs of today\u2019s borrowers. Enter <strong>non-QM loans<\/strong>\u2014a flexible, fast-growing segment of the mortgage space that\u2019s helping originators close more deals and grow their businesses.<\/p>\n\n\n\n<p>In this post, we\u2019ll break down what non-QM means, who it\u2019s for, and how you can start offering it through Morty.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What does \u201cnon-QM\u201d mean?<\/h3>\n\n\n\n<p><strong>Non-QM<\/strong> stands for <strong>non-qualified mortgage<\/strong>\u2014a type of home loan that doesn\u2019t meet the CFPB\u2019s strict definition of a \u201cqualified mortgage\u201d (QM). Qualified mortgages must follow rules around <a href=\"https:\/\/www.morty.com\/resources\/money-matters\/how-to-calculate-debt-to-income-ratio\">debt-to-income ratios<\/a> (DTI), <a href=\"https:\/\/www.morty.com\/resources\/mortgage-manual\/income-employment\">fully documented income<\/a>, and specific product structures to reduce risk.<\/p>\n\n\n\n<p>Non-QM loans fall outside those requirements\u2014but are still responsibly underwritten. Importantly, they are <strong>not backed by Fannie Mae, Freddie Mac, or government programs<\/strong> like FHA or VA. Instead, they\u2019re funded and held by private lenders, who set their own qualification criteria.<\/p>\n\n\n\n<p>And no, non-QM does <strong>not<\/strong> mean subprime. These loans are designed for qualified borrowers who simply don\u2019t fit the conventional mold.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Who are non-QM loans for?<\/h3>\n\n\n\n<p>Non-QM borrowers often have strong credit and finances\u2014but their income or credit profile doesn\u2019t match agency guidelines. Common examples include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Self-employed borrowers<\/strong> who may not have consistent pay stubs or traditional W-2 income. <a href=\"https:\/\/www.morty.com\/resources\/money-matters\/self-employed-homebuying-guide\">Many self-employed borrowers still qualify for conventional loans<\/a>, but those with irregular income patterns or unique tax profiles may benefit from a non-QM solution.<\/li>\n\n\n\n<li><strong>Real estate investors<\/strong> who qualify based on rental income or property cash flow.<\/li>\n\n\n\n<li><strong>High-net-worth individuals<\/strong> who rely on assets instead of traditional income streams.<\/li>\n\n\n\n<li><strong>Borrowers with recent credit events<\/strong>, like a bankruptcy or foreclosure, who are still financially stable.<\/li>\n\n\n\n<li><strong>Foreign nationals or ITIN borrowers<\/strong> who don\u2019t have a U.S. credit history but can demonstrate ability to repay.<\/li>\n<\/ul>\n\n\n\n<p>These borrowers are increasingly common\u2014especially as the mortgage broker channel continues to expand. <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/the-broker-brief\/more-loan-officers-are-taking-control\">Mortgage brokers now account for over 24% of originations<\/a>, up from 11.9% in 2019\u2014largely because they\u2019re able to serve these specialized borrower needs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Common types of non-QM mortgages<\/h3>\n\n\n\n<p>Non-QM isn\u2019t one product\u2014it\u2019s a category of flexible loan programs designed for different borrower types. Popular options include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/bank-statement-loans-explained-a-guide-for-loan-officers-and-brokers\">Bank statement loans<\/a><\/strong> \u2013 Use 12\u201324 months of personal or business bank statements to document income<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/dscr-loans-explained-a-guide-for-brokers-and-loan-officers\">DSCR loans<\/a><\/strong> \u2013 Use property cash flow instead of personal income to qualify investor deals<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\">Asset depletion loans<\/a><\/strong> \u2013 Calculate income from retirement or investment assets<\/li>\n\n\n\n<li><strong>I<\/strong><a href=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/interest-only-mortgages-benefits-risks-and-use-cases\"><strong>nterest-only mortgages<\/strong><\/a> \u2013 Lower initial payments by paying only interest for a fixed period<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.morty.com\/resources\/loan-officers\/itin-loans-how-to-help-foreign-national-borrowers\">ITIN \/ foreign national loans<\/a><\/strong> \u2013 Designed for non-U.S. residents and borrowers without SSNs<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Why non-QM is growing in 2025<\/h3>\n\n\n\n<p>Several trends are driving the surge in non-QM lending:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More borrowers are self-employed or working in non-traditional income models.<\/li>\n\n\n\n<li>Real estate investors are active and looking for scalable financing options.<\/li>\n\n\n\n<li>Some borrowers are recovering from credit events during the pandemic.<\/li>\n\n\n\n<li>Conventional underwriting guidelines are tighter, making alternatives more necessary.<\/li>\n\n\n\n<li>Borrowers want faster closings and more flexibility\u2014and at Morty, we\u2019ve closed non-QM deals in under two weeks.<\/li>\n<\/ul>\n\n\n\n<p>For loan officers and brokers, non-QM isn\u2019t just a niche\u2014it\u2019s a smart way to serve more clients and unlock more revenue.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How to offer non-QM loans as a loan officer or broker<\/h3>\n\n\n\n<p>To offer non-QM products, you need access to the right lenders and tech infrastructure that supports more complex scenarios.<\/p>\n\n\n\n<p>At Morty, you can:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Submit non-QM applications directly through our platform<\/strong>, powered by our <a class=\"\" href=\"https:\/\/www.morty.com\/products\/point-of-sale\">Point-of-Sale system<\/a> for intake, document collection, and disclosures.<\/li>\n\n\n\n<li><strong>Work with a large and growing <a class=\"\" href=\"https:\/\/www.morty.com\/products\/lender-network\">network of non-QM lenders<\/a><\/strong>, offering diverse loan programs across borrower types.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.morty.com\/products\/rosey-ai\">Use Rosey AI<\/a><\/strong>, our smart assistant, to get real-time answers to non-QM qualification questions as you\u2019re working a file. <\/li>\n\n\n\n<li>Rely on our experienced <strong><a href=\"https:\/\/www.morty.com\/products\/processing-fulfillment\">processing and fulfillment support<\/a><\/strong>, built to support fast timelines and unique workflows across all loan types\u2014including non-QM.<\/li>\n<\/ul>\n\n\n\n<p>We believe non-QM is one of the biggest opportunities in lending right now\u2014and we\u2019re building the tools to help you lead.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ready to offer non-QM loans?<\/h3>\n\n\n\n<p>Non-QM is growing fast\u2014and LOs who embrace it are winning more business.<\/p>\n\n\n\n<p>Whether you\u2019re just exploring your options or looking to scale your non-QM pipeline, <strong>Morty gives you everything you need to succeed.<\/strong><\/p>\n\n\n\n<p><a>\u2192 Talk to our sales team<\/a><\/p>\n\n\n\n<div class=\"wp-block-leadin-hubspot-form-block\">\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 21078423,\n\t\t\t\t\t\t\t\t\tformId: \"2f48f9c8-57c5-470f-a774-c6e8a6623707\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1789979918000-0618287308\",\n\t\t\t\t\t\t\t\t\tregion: \"na1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1789979918000-0618287308\"><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As the mortgage market evolves, loan officers and brokers are increasingly looking beyond traditional loan&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_lmt_disableupdate":"","_lmt_disable":"","_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[690,914],"tags":[915],"series":[],"class_list":["post-15209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan-officers","category-product-playbook","tag-non-qm"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is a Non-QM Mortgage? | Morty Resources<\/title>\n<meta name=\"description\" content=\"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is a Non-QM Mortgage? | Morty Resources\" \/>\n<meta property=\"og:description\" content=\"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\" \/>\n<meta property=\"og:site_name\" content=\"Morty Resources\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/HiMorty\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-23T10:56:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T17:20:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Nora Apsel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@himorty\" \/>\n<meta name=\"twitter:site\" content=\"@himorty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nora Apsel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\"},\"author\":{\"name\":\"Nora Apsel\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046\"},\"headline\":\"What is a Non-QM Mortgage?\",\"datePublished\":\"2025-05-23T10:56:59+00:00\",\"dateModified\":\"2025-05-28T17:20:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\"},\"wordCount\":728,\"publisher\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp\",\"keywords\":[\"non-QM\"],\"articleSection\":[\"Loan Officers\",\"Product Playbook\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\",\"url\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\",\"name\":\"What is a Non-QM Mortgage? | Morty Resources\",\"isPartOf\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp\",\"datePublished\":\"2025-05-23T10:56:59+00:00\",\"dateModified\":\"2025-05-28T17:20:32+00:00\",\"description\":\"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage\",\"url\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp\",\"contentUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp\",\"width\":1920,\"height\":1080,\"caption\":\"Non-QM Mortgage Loans\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Resources\",\"item\":\"https:\/\/www.morty.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Loan Officers\",\"item\":\"https:\/\/www.morty.com\/resources\/category\/loan-officers\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Product Playbook\",\"item\":\"https:\/\/www.morty.com\/resources\/category\/loan-officers\/product-playbook\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"What is a Non-QM Mortgage?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.morty.com\/resources\/#website\",\"url\":\"https:\/\/www.morty.com\/resources\/\",\"name\":\"Morty Resources\",\"description\":\"Mortgage resources\",\"publisher\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.morty.com\/resources\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\",\"name\":\"Morty\",\"url\":\"https:\/\/www.morty.com\/resources\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp\",\"contentUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp\",\"width\":1293,\"height\":516,\"caption\":\"Morty\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/HiMorty\/\",\"https:\/\/x.com\/himorty\",\"https:\/\/www.linkedin.com\/company\/morty-inc.\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046\",\"name\":\"Nora Apsel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g\",\"caption\":\"Nora Apsel\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is a Non-QM Mortgage? | Morty Resources","description":"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage","og_locale":"en_US","og_type":"article","og_title":"What is a Non-QM Mortgage? | Morty Resources","og_description":"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.","og_url":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage","og_site_name":"Morty Resources","article_publisher":"https:\/\/www.facebook.com\/HiMorty\/","article_published_time":"2025-05-23T10:56:59+00:00","article_modified_time":"2025-05-28T17:20:32+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp","type":"image\/webp"}],"author":"Nora Apsel","twitter_card":"summary_large_image","twitter_creator":"@himorty","twitter_site":"@himorty","twitter_misc":{"Written by":"Nora Apsel","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#article","isPartOf":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage"},"author":{"name":"Nora Apsel","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046"},"headline":"What is a Non-QM Mortgage?","datePublished":"2025-05-23T10:56:59+00:00","dateModified":"2025-05-28T17:20:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage"},"wordCount":728,"publisher":{"@id":"https:\/\/www.morty.com\/resources\/#organization"},"image":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage"},"thumbnailUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp","keywords":["non-QM"],"articleSection":["Loan Officers","Product Playbook"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage","url":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage","name":"What is a Non-QM Mortgage? | Morty Resources","isPartOf":{"@id":"https:\/\/www.morty.com\/resources\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage"},"image":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage"},"thumbnailUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp","datePublished":"2025-05-23T10:56:59+00:00","dateModified":"2025-05-28T17:20:32+00:00","description":"Learn what a non-QM mortgage is, who it\u2019s for, and how loan officers and brokers can start offering these loans through Morty.","breadcrumb":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#primaryimage","url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp","contentUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp","width":1920,"height":1080,"caption":"Non-QM Mortgage Loans"},{"@type":"BreadcrumbList","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Resources","item":"https:\/\/www.morty.com\/resources\/"},{"@type":"ListItem","position":2,"name":"Loan Officers","item":"https:\/\/www.morty.com\/resources\/category\/loan-officers"},{"@type":"ListItem","position":3,"name":"Product Playbook","item":"https:\/\/www.morty.com\/resources\/category\/loan-officers\/product-playbook"},{"@type":"ListItem","position":4,"name":"What is a Non-QM Mortgage?"}]},{"@type":"WebSite","@id":"https:\/\/www.morty.com\/resources\/#website","url":"https:\/\/www.morty.com\/resources\/","name":"Morty Resources","description":"Mortgage resources","publisher":{"@id":"https:\/\/www.morty.com\/resources\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.morty.com\/resources\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.morty.com\/resources\/#organization","name":"Morty","url":"https:\/\/www.morty.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/","url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp","contentUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp","width":1293,"height":516,"caption":"Morty"},"image":{"@id":"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/HiMorty\/","https:\/\/x.com\/himorty","https:\/\/www.linkedin.com\/company\/morty-inc."]},{"@type":"Person","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046","name":"Nora Apsel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g","caption":"Nora Apsel"}}]}},"modified_by":"Nora Apsel","taxonomy_info":{"category":[{"value":690,"label":"Loan Officers"},{"value":914,"label":"Product Playbook"}],"post_tag":[{"value":915,"label":"non-QM"}]},"featured_image_src_large":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-1024x576.webp",1024,576,true],"author_info":{"display_name":"Nora Apsel","author_link":"https:\/\/www.morty.com\/resources\/author\/nora"},"comment_info":0,"category_info":[{"term_id":690,"name":"Loan Officers","slug":"loan-officers","term_group":0,"term_taxonomy_id":690,"taxonomy":"category","description":"","parent":0,"count":90,"filter":"raw","cat_ID":690,"category_count":90,"category_description":"","cat_name":"Loan Officers","category_nicename":"loan-officers","category_parent":0},{"term_id":914,"name":"Product Playbook","slug":"product-playbook","term_group":0,"term_taxonomy_id":914,"taxonomy":"category","description":"","parent":690,"count":9,"filter":"raw","cat_ID":914,"category_count":9,"category_description":"","cat_name":"Product Playbook","category_nicename":"product-playbook","category_parent":690}],"tag_info":[{"term_id":915,"name":"non-QM","slug":"non-qm","term_group":0,"term_taxonomy_id":915,"taxonomy":"post_tag","description":"","parent":0,"count":14,"filter":"raw"}],"featured_image_src":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-600x400.webp","featured_image_src_square":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-600x600.webp","rttpg_featured_image_url":{"full":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp",1920,1080,false],"landscape":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp",1920,1080,false],"portraits":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp",1920,1080,false],"thumbnail":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-150x150.webp",150,150,true],"medium":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-300x169.webp",300,169,true],"large":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-1024x576.webp",1024,576,true],"1536x1536":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-1536x864.webp",1536,864,true],"2048x2048":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp",1920,1080,false],"gb-block-post-grid-landscape":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-600x400.webp",600,400,true],"gb-block-post-grid-square":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-600x600.webp",600,600,true],"yarpp-thumbnail":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM-120x120.webp",120,120,true],"rt_custom":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/5.-Non-QM.webp",1920,1080,false]},"rttpg_author":{"display_name":"Nora Apsel","author_link":"https:\/\/www.morty.com\/resources\/author\/nora"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.morty.com\/resources\/category\/loan-officers\" rel=\"category tag\">Loan Officers<\/a> <a href=\"https:\/\/www.morty.com\/resources\/category\/loan-officers\/product-playbook\" rel=\"category tag\">Product Playbook<\/a>","rttpg_excerpt":"As the mortgage market evolves, loan officers and brokers are increasingly looking beyond traditional loan...","_links":{"self":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/comments?post=15209"}],"version-history":[{"count":4,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15209\/revisions"}],"predecessor-version":[{"id":15259,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15209\/revisions\/15259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/media\/15253"}],"wp:attachment":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/media?parent=15209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/categories?post=15209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/tags?post=15209"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/series?post=15209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}