Are Non-QM loans risky?

Not inherently. The "risk" reputation comes from pre-2008 stated income loans where lenders were not verifying borrower information. Today's Non-QM loans are fully documented, just with different documentation than traditional tax returns.

Can I refinance into a conventional loan later?

Absolutely. Many buyers use a Non-QM loan to purchase a home and later refinance into a conventional loan once they have built equity or their income documentation becomes more straightforward.

How much do I need to put down in Marysville?

It depends on the program and your financial profile, but most Non-QM loans require between 10% and 25% down. For investment properties, a down payment of 20% to 25% is more common.

How do I know if I qualify?

The best way to determine eligibility is to review your specific financial situation with a lender. This process involves no commitments or obligations and simply provides clarity on your options.