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What is a non-QM loan?

A non-QM loan is a loan that deviates from standard documentation requirements. As a Hawaii Mortgage Broker we have access to a wide variety of non-QM loan products.

Here are some examples of various non-QM loan products, including: how their documentation differs from standard, and what type of borrowers these products best fit:

✅ Bank Statement Loans

Perfect for self-employed professionals who can’t qualify with traditional income calculations. We use 12–24 months of bank statements to verify income instead of tax returns.

✅ DSCR Loans (Debt Service Coverage Ratio)

Designed for real estate investors, these loans qualify you based on rental income from the property rather than personal income. Ideal for Hawaii’s hot short-term rental and long-term investment markets.

✅ Asset-Based Loans

Turn your liquid assets (savings, retirement accounts, investment portfolios) into qualifying income. Great for retirees or high-net-worth individuals.

✅ No Income Loans

For buyers with strong assets or equity but limited or complex income documentation. No income documentation is required on these loans.

✅ 1099 Income Loans

Independent contractors and gig economy workers can qualify using 1099 income instead of tax returns net.

Non-QM loans also have options of unique features such as:

  • Interest Only Payment
  • 40 year loan with Interest only option
  • Loan amounts as high as $3 million+

Why Choose C2 Hawaii for Your Non-QM Loan?

  • 🌺 Local Expertise – We understand Hawaii’s unique real estate market because our loan officers are in Hawaii.
  • ⚡ Fast Approvals – Flexible lender options means quick and clean loan approvals.
  • 🏡 Tailored Solutions – We work one-on-one to match you with the right Non-QM product.
  • 🌐 Investor-Friendly Programs – Perfect for vacation rentals, second homes, and investment properties.

Whether you’re in Honolulu, Maui, Kauai, or the Big Island, our team is here to help you find the right financing solution.

Who Can Benefit from a Non-QM Loan in Hawaii?

  • An Entrepreneur using bank statements to qualify instead of tax returns.
  • A Real estate investor using DSCR financing for a rental property.
  • An Island retiree leveraging investment accounts with an asset-based loan.
  • 1099 Contractors qualifying with 1099 income.

Non-QM loans are also available on unique properties such as condotels and other non-warrantable condos.

It is best to find a reputable Hawaii mortgage broker when seeking a non-QM loan product here in Hawaii. There are hundreds of non-QM lenders out there. Make sure you having someone casting a wide net to find you the best product and rate for your unique situation. Our loan officers are available 7 days a week if you have questions about your specific scenario please Contact Us.

📞 Contact Us Today
🌐 Visit our Alternative Mortgages page for more information on our Non-QM loan products here in Hawaii.

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