The Secret Mortgage Products Banks Don’t Advertise (But You Can Still Get)
Big banks love simplicity. They want clean W-2s, perfect credit, and tax returns that look like they came from a CPA’s dream journal.
But what about everyone else? The investor, the freelancer, the entrepreneur, the recently retired?
Good news: You’re not out of options. You just need to know where to look.
There are mortgage products banks rarely advertise but they’re completely legal, widely used, and often easier to qualify for than the mainstream stuff.
What Are “Non-QM” Loans?
QM stands for Qualified Mortgage. These loans follow strict federal guidelines designed to make loans “safe” and uniform.
Non-QM loans break that mold. They’re built for:
- Self-employed borrowers
- Real estate investors
- People with large assets but irregular income
Lenders offering non-QM products use alternative ways to verify your ability to repay like bank deposits, rental income, or investment holdings.
The “Hidden” Loan Products You Should Know
Let’s break down three powerful products most banks don’t advertise:
1. Bank Statement Loans
Use your monthly deposits instead of your tax returns. Lenders average your bank activity to figure out what you really earn.
Best for:
- 1099 workers
- Entrepreneurs
- Anyone with tax write-offs
2. DSCR Loans (Debt Service Coverage Ratio)
Used by real estate investors, this loan type qualifies you based on the property’s income, not your personal income.
If the rent covers the mortgage, you’re in. It’s that simple.
Best for:
- Buy-and-hold investors
- Airbnb hosts
- House hackers
3. Asset Depletion Loans
If you have large retirement accounts, investment portfolios, or even a well-funded trust, lenders can count that as income even if you’re not working.
Best for:
- Early retirees
- High-net-worth individuals
- People between jobs or in transition
Why Don’t Big Banks Talk About These?
- They require more personalized underwriting
- They can’t be sold to Fannie Mae or Freddie Mac
- They involve more human judgment and banks don’t like risk (or thinking too hard)
Smaller, independent lenders like Truss Financial Group specialize in these exact loans because they’re built to serve real people, not just algorithms.
How to Qualify
You don’t need to game the system. You just need the right documents:
- Bank statements (12–24 months)
- Property income projections (for DSCR)
- Account balances (for asset depletion)
Lenders like Truss will walk you through every step, and tailor the process to match your actual financial picture.
Final Thought
You’re not unqualified, you’re just unconventional. And in 2025, that’s not a deal-breaker.
There’s a better way to borrow if you know where to look.
