See if you qualify, free, 60-second check.
| Program | Rate | APR |
|---|---|---|
| Bank Statement (non-QM) 30-yr | from 7.00% | from 7.20% |
Bank statement mortgage rates are risk-based: your credit score, down payment, deposit history, and loan size each move your price. Current starting rates are shown above, here's how to read them and how to earn a better one.
Four levers matter most: credit score (740+ earns the best tiers), down payment (20%+ improves pricing), statement history (24 months reads stronger than 12), and loan-to-value. Strong reserves and a CPA-certified expense ratio also help.
Expect roughly 0.5%-2% above conventional rates, because non-QM loans are held by private investors rather than sold to Fannie or Freddie. There's no monthly PMI, which claws back part of the difference, and refinancing later is always an option.
Rates shown are starting estimates. For your real number, use the 60-second eligibility check at the top of this page and a specialist will price your exact scenario.
Starting rates are shown at the top of this page. Your exact rate depends on credit, down payment, deposits, and loan size.
Non-QM loans are funded by private investors who price for flexibility, typically 0.5%-2% above conventional, with no monthly PMI.
Raise your credit into the next tier, put 15-20%+ down, provide 24 months of statements, and document a lower expense ratio with a CPA letter.
Yes, many borrowers refinance into conventional once two strong tax years are on file, or rate-and-term refinance within non-QM.
Free, no-obligation. See what you qualify for in about a minute.
Tracking the Freddie Mac 30-year average. Updated weekly — latest survey 2026-09-03. Program rates below are indicative, derived from this benchmark.
| DSCR (investment) | 8.21% |
| Bank statement (non-QM) | 8.46% |
| Non-QM | 8.31% |
Indicative starting rates derived from the weekly Freddie Mac conventional benchmark plus a program spread — not a quote or commitment to lend. Your actual rate and APR vary by credit, loan amount, down payment, and program. Subject to change.