NON-QM

Loans that are labeled “non QM” mean that are outside of the compliance guidelines determined by the CFPB, thus requiring most lenders to manage the risks of these types of loans themselves. Doing so, however, they can provide more flexibility to borrowers who, for one reason or another, might not qualify for the other traditional loan productions.For example, self-employed or recently retired borrowers, or individuals with a short credit history or flawed credit from a past short sale or foreclosure may be eligible or those who seek a jumbo loan with a longer term.

Our easy-to-use calculator puts you in charge of estimating your mortgage payment.

MORTGAGE

CALCULATOR

Interested? Find out more from your Princeton Mortgage Loan Officer.

CONTACT US

 

800.635.0977

609.737.1000

info@princetonmortgage.com

2482 Pennington Road, Suite 1

Pennington, NJ 08534

1180 Sam Rittenberg Blvd, Suite 160

Charleston, SC 29407

3495 Butler St, Suite 201

Pittsburgh, PA 15201

*The Princeton Promise is subject to applicable lending rules and regulations and is subject to change.

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