Journal

Analysts are trying to determine whether or not the public’s interest in non qualified mortgage loans will last. It should be noted that plenty of people are still interested in the features associated with Non QM loans....

A non-qualified mortgage is any home loan that fails to comply with the Consumer Financial Protection Bureau’s (CFPB) existing rules on qualified mortgage. For a person to get a mortgage, he should have a steady employment record. This requirement suppresses the borrowers who have seasoned...