Are Commerical Non QM Lenders a Thing?

6 Replies

I have clients that are looking to purchase a small office unit around $300k, but need a non conventional loan due to their taxes being in limbo over some issue. Great credit and income but can't use last years taxes for qualifying. I know there are lenders that do some non conventional loans (bank statements etc) for residential but are there any that do the same for Commercial Loans?

@Israel Flores you can purchase non QM commercial based on DSCR and credit but LTVs would be lower, 65-70% depending on the numbers on the property. Short answer is maybe but worth taking a look. DM if you'd like further info.

Almost all my loans are with local banks and it's all non qm. I find the commercial loan officers. Interest rate is a smidgen more.