Non-QM Mortgages in Dallas–Fort Worth
Agency guidelines are a box. Non-QM is what exists outside the box — priced accordingly, and worth it when the alternative is waiting two more years.
| At a glance | Detail |
|---|---|
| Common uses | Recent credit event, complex or asset-based income, foreign nationals, unique properties |
| Down payment | Usually 10–25% depending on the program and profile |
| Pricing | Above agency; the premium is the cost of buying time |
| Exit | Most non-QM loans are refinanced into agency financing once the file seasons |
Treat it as a bridge, not a destination
The right way to use non-QM is with a written exit in mind: what has to be true, and by when, for this loan to become a conventional loan. If nobody has drawn you that timeline, you're being sold a product rather than given a plan.
The math still has to work
A higher rate makes the buydown side of the program more valuable, because each dollar directed at the rate does more work on the payment. It also makes the cash side more valuable, because non-QM files often need more reserves. We model both.
What this program looks like on your numbers
Select Non-QM in the calculator below to see the payment, the mortgage insurance treatment, and where the contribution ceiling binds.
Where should the benefit go?
Assumptions — edit any of these
On Auto, conventional mortgage insurance is estimated
from a built-in premium grid by credit range and loan-to-value, and FHA uses the factors above. Those are
illustrative approximations — the live rate card is in src/data/mi-rates.js. Override any
single file with your actual quote using the
% / yr or $ / mo control. Credit-tier rate adjustments and interested-party
contribution ceilings are applied automatically from the loan program, credit range, and loan-to-value.
Interest rate and buydown cost come from the loaded wholesale rate sheet: the base price at each rate for
your lock period, plus the loan-level price adjustments for credit, LTV, occupancy and loan size. The rate
shown is par — the cheapest rate that costs you nothing — and a buydown walks down that same
ladder for whatever the benefit actually pays for. Commission is negotiable and not set by law; the figures
above are placeholders for illustration, not an offer.
Tell me your payment. I’ll build the plan around it.
Send the monthly number you’re comfortable with and I’ll come back with a purchase range, a loan program comparison, and what the BuyBorrow Advantage™ benefit looks like on your file.