Non-QM financing is built for Orlando borrowers whose income doesn't fit a standard W-2 box — self-employed professionals, 1099 contractors, and gig-economy workers common throughout Central Florida's tourism and hospitality industry.
Non-QM ("non-qualified mortgage") loans use alternative documentation to verify income instead of traditional tax returns and W-2s. Common versions include bank statement loans (qualifying off 12-24 months of business or personal bank deposits), a CPA-prepared profit & loss statement, 1099-only programs for contractors, and no-ratio options that don't require income documentation at all.
Central Florida's tourism, hospitality, real estate, and service industries support a large population of self-employed professionals and 1099 contractors whose tax returns don't reflect their real cash flow. Non-QM programs let us qualify you off what you actually bring in, not just what shows up after deductions.
Areas commonly served: Orlando and all of Central Florida. Down payment, rate, and documentation requirements vary by program and borrower — talk to a loan officer for current terms on your scenario.
A bank statement loan qualifies a self-employed borrower using 12-24 months of business or personal bank statement deposits instead of tax returns, which often better reflects true cash flow for business owners.
Requirements vary by program, but many Non-QM lenders want at least one to two years of self-employment or 1099 income history.
A no-ratio Non-QM loan doesn't require income documentation or a debt-to-income calculation at all, typically requiring a larger down payment and strong credit or reserves in exchange.
They're most commonly used by self-employed and 1099 borrowers, but some Non-QM programs also serve borrowers with recent credit events, foreign nationals, or unique income situations that don't fit conventional or FHA guidelines.
No obligation, no hard credit pull required for an initial conversation.
Talk to a Loan OfficerIcon Mortgage Group, powered by Mpire Financial Group LLC · NMLS# 2108504. Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval. Programs and terms vary by state and property.