Complete Non-QM Wholesale Lender Directory for Mortgage Brokers (2026)
The Non-QM wholesale lending market continues to expand as mortgage brokers seek flexible financing solutions beyond traditional agency guidelines. This comprehensive directory helps brokers find the best wholesale partners for borrowers who don’t fit conventional lending boxes.
What is Non-QM Lending?
Non-Qualified Mortgages (Non-QM) are loans that don’t meet the Consumer Financial Protection Bureau’s Qualified Mortgage standards. These loans serve borrowers with:
- Self-employment income
- Irregular income streams
- Recent credit events
- High debt-to-income ratios
- Investment property portfolios
Top Non-QM Wholesale Lenders (2025-2026)
| Lender | Specialization | Key Features |
|---|---|---|
| Change Wholesale (Commerce Home Mortgage) | Bank statement, DSCR, Community Mortgage | #1 Ranked in Non-QM by Scotsman Guide 2025; no overlays; fast closings; nationwide broker network |
| LoanStream Wholesale (OCMBC) | 70+ loan programs | #1 in Non-QM per Scotsman Guide; Full Doc, Bank Statement, Asset Utilization, DSCR; one-stop shop |
| Acra Lending | Bank statement loans | Leading private money lender; accepts 12 or 24-month bank statements; serves 1099 and self-employed |
| Angel Oak Mortgage Solutions | Four main Non-QM programs | Bank Statement, DSCR, Asset-based, Investor loans; competitive rates; nationwide |
| Carrington Mortgage Services | Self-employed, investors | Built for real-world borrowers; broad Non-QM product suite; established wholesale presence |
| Deephaven Mortgage | Innovative non-agency programs | Flexible underwriting; specialized alternative doc solutions |
| Champions Funding | Non-QM core focus | “Non-QM all day, every day” – dedicated Non-QM lender |
| A&D Mortgage | Long-standing Non-QM originator | Wholesale specialist; diverse product lineup |
Key Non-QM Products
Bank Statement Loans
Verify income using 12-24 months of personal or business bank statements instead of tax returns. Ideal for self-employed borrowers, business owners, and 1099 contractors.
DSCR Loans (Debt Service Coverage Ratio)
Qualify based on property cash flow rather than personal income. Perfect for real estate investors where rental income covers the mortgage payment. Typically requires DSCR of 1.0 or higher.
Asset Depletion/Utilization
Use liquid assets to qualify instead of traditional income documentation. Suitable for retirees, high-net-worth individuals, and those with significant investment portfolios.
Full Doc Non-QM
Alternative documentation loans for borrowers with high DTI ratios, recent credit events, or unique income situations that don’t fit agency guidelines.
Foreign National Loans
Financing for non-U.S. citizens investing in American real estate without requiring a Social Security number or U.S. credit history.
Why Use Wholesale Non-QM Lenders?
- Flexible underwriting: Serve self-employed, investors, high-net-worth clients, and 1099 earners
- Alternative income verification: Bank statements, P&L statements, rental income, and asset-based qualification
- Higher DTI ratios: Many lenders allow over 43% DTI (some up to 56%+)
- Jumbo loan amounts: Many offer $3M+ loan amounts for qualified borrowers
- Competitive broker pricing: Access wholesale rate sheets not available to retail borrowers
Industry Resources
- Scotsman Guide Top Non-QM Lenders Rankings
- National Mortgage Professional Non-QM Lender Directory
- CFPB Ability-to-Repay/Qualified Mortgage Rule guidance
