Non-QM Home Loans
in Columbia, SC
Flexible Loan Solutions for Buyers with Non-Traditional Income
At HomeSpring Mortgage, we understand that not everyone’s financial story fits inside a box. If you're buying in Columbia, SC, we’re here to help you finance your future with loan options as unique as your situation. Whether you're self-employed, investing in real estate, or coming back strong from a credit event, our Non-QM mortgage solutions offer a smarter, more flexible path to homeownership.
What Is a Non-QM Loan?
A Non-QM (Non-Qualified Mortgage) loan is designed for borrowers who don’t meet the strict requirements of conventional loans. This includes entrepreneurs, freelancers, investors, and buyers with complex or irregular income streams. Instead of relying on tax returns or W-2s, like a traditional mortgage, Non-QM loans allow you to qualify using alternative income verification methods, such as bank statements, assets, or rental income.
Why Columbia Homebuyers Work with HomeSpring Mortgage
Columbia’s real estate market is dynamic, from downtown condos and historic homes in Shandon to new construction in Lexington and family-friendly neighborhoods in Forest Acres. With so many options, you need a mortgage partner who understands the local market and offers the flexibility to meet you where you are. At HomeSpring Mortgage, we pair personal service with powerful loan programs that go beyond the traditional checklist.
With us, non-QM loan borrowers get honest guidance, responsive communication, and solutions tailored to their goals.
Non-QM Loan Options for Columbia Borrowers
Our Columbia mortgage lenders offer a wide range of home loan programs designed to support real people with real-life situations.
Bank Statement Loans
Perfect for small business owners, freelancers, and 1099 contractors, bank statement loans use your monthly deposits to verify income. You can use 12 or 24 months of personal or business bank statements to qualify, making this loan a go-to for self-employed borrowers with fluctuating income.
Foreign National Loans
Looking to buy a home in Columbia as a non-U.S. citizen? Foreign national loans are tailored for buyers without U.S. residency, social security numbers, or traditional credit. We work with international borrowers to make purchasing investment or vacation properties in the U.S. simple and accessible, with flexible documentation requirements and competitive rates.
Interest-Only Loans
This option allows you to pay only the interest portion of your mortgage for a fixed period before transitioning to standard payments. Interest-only payments can significantly reduce your monthly obligation upfront, which is ideal for buyers with irregular income, real estate investors, or those planning to sell or refinance before the end of the full term.
Asset-Based Loans
If your financial strength is based on your savings, investments, or retirement funds, asset-based loans may be a suitable option. These loans qualify you based on verifiable liquid assets rather than employment income, making them an excellent choice for retirees, high-net-worth individuals, or those living off investment income.
Recent Credit Event Loans
If you’ve experienced bankruptcy, foreclosure, short sale, or missed payments in recent years, you may still qualify for a home loan. These programs are built specifically for buyers who are financially stable today but don’t yet meet the credit score or waiting period requirements of traditional loans.
Medical Professional Loans
Doctors, dentists, pharmacists, and other medical professionals often face unique challenges, such as student loan debt or a limited work history. Our medical professional loan programs recognize your future earning potential and offer low or no down payments, flexible debt-to-income ratios, and no private mortgage insurance (PMI), so you can buy sooner.
Jumbo Loans with as Little as 5% Down
Borrow beyond conforming loan limits to finance higher-value properties, with down payments starting at just 5%—no need to tie up cash in a significant upfront investment. Ideal for high-income earners seeking upscale homes with flexible terms.
Condotel Mortgage Loans
Condotel loans are designed to finance condo units in buildings that operate more like hotels, often excluded from conventional financing. These loans offer the flexibility that short-term rental investors and second-home buyers need to make the deal work.
Make Your Columbia Homeownership Goals a Reality with HomeSpring Mortgage
We’re here to help you find the right path forward. Whether you’re buying your first home near USC, investing in downtown property, or upgrading to something bigger, HomeSpring Mortgage is ready to help you make it happen.
Get in touch and let’s talk through your options. With the right loan and the right team behind you, homeownership in Columbia is within reach.