Non-QM Loan Processing Services | CTC Processing LLC
Non-QM (Non-Qualified Mortgage) loans serve borrowers who don't fit agency guidelines — self-employed, investors, foreign nationals, recent credit events. CTC Processing is experienced across multiple Non-QM investors and programs.
Key requirements
- Varies by program
- common types: bank statement, DSCR, asset depletion, recent credit event, foreign national
- 10–30% down depending on program
- manual underwriting for most programs
- Non-QM investor required
Processing steps
- 1Identify appropriate Non-QM program
- 2collect program-specific documentation
- 3submit to investor for pre-approval
- 4process per investor guidelines
- 5CTC
Common conditions
Varies significantly by program type — CTC reviews investor-specific condition checklists and front-loads documentation requests
How we process it
Non-QM investor guidelines change frequently. CTC maintains current program matrices for all active Non-QM investors and matches each file to the right program before submission — wrong program selection adds 2–3 weeks.
Frequently Asked Questions
What types of Non-QM loans does CTC process?
Bank statement, DSCR, asset depletion, ITIN, foreign national, recent credit event (bankruptcy/foreclosure), fix-and-flip, and bridge loans. CTC has processed files with over a dozen Non-QM investors.
How long does Non-QM processing take?
Non-QM loans typically close in 21–35 days. Complex files with multiple income documentation types may run longer. CTC sets realistic timelines on intake.
Do Non-QM loans have higher rates?
Generally yes — Non-QM rates run 0.5–2% higher than conventional depending on the program and risk factors. The tradeoff is qualification flexibility for borrowers who can't use agency programs.
Non-QMs — closed with precision.
Hand us the file. We'll handle the guideline, the conditions, and the closing.