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10 Best Non-QM Lenders in Colorado

This ranking identifies the top 10 Non-QM lenders active in Colorado, evaluated on product breadth, state market presence, and fit for self-employed borrowers and real estate investors. It is designed for homebuyers, homeowners, and investors who fall outside conventional agency qualification standards. Use this guide to identify which lenders align with your income profile, documentation approach, and property strategy in Colorado.

LoanWise Editorial Team

Isometric scene of Colorado mountain and urban properties with a small mortgage office, people walking between buildings, and rental cabins on a hillside.

Colorado's real estate market remains one of the most dynamic in the Mountain West. From Denver's urban core and the Front Range suburbs to resort markets like Vail and Aspen, the state draws a wide range of borrowers — including self-employed entrepreneurs, short-term rental investors, and high-net-worth buyers whose financial profiles don't conform to standard agency underwriting. For these borrowers, Non-QM lending isn't a fallback; it's often the most strategically appropriate financing path.

Non-QM mortgages — loans that fall outside the Qualified Mortgage guidelines set by the Consumer Financial Protection Bureau — serve a broad and growing segment of the borrower population. Bank statement loans, P&L-only qualification, 1099-based income analysis, asset utilization, and DSCR investor programs all fall under the Non-QM umbrella. These products exist precisely because conventional underwriting, which leans heavily on W-2 income and tax returns, systematically underrepresents the true financial strength of self-employed professionals, gig workers, and real estate investors.

In Colorado, the relevance of Non-QM lending is amplified by several market factors:

  • High median home prices in many Colorado markets push more transactions into jumbo and non-agency territory.
  • A large self-employed workforce across industries including technology, outdoor recreation, and professional services creates sustained demand for bank statement and P&L alternatives.
  • An active investment property market — including short-term rentals in mountain communities — makes DSCR and asset-based programs particularly relevant.
  • Wholesale broker networks that connect Colorado borrowers to national Non-QM platforms with deep product menus and flexible guidelines.

The lenders ranked here were evaluated on factors including their Non-QM product specialization, demonstrated presence or licensing in Colorado, alternative documentation options offered, borrower type alignment, and industry recognition. This is not a ranking of conventional mortgage lenders — it is a focused guide for borrowers and brokers navigating Colorado's non-agency lending landscape.

#1

Deephaven Mortgage

Leading Colorado-focused wholesale Non-QM lender for brokers

Colorado Contacts Listed

10

State Focus Page

Colorado

Primary Channel

Wholesale

Borrower Focus

Self-employed and investors

Deephaven stands out for its heavy Non-QM specialization and clear Colorado presence, making it highly relevant for brokers and borrowers needing flexible income documentation. It is especially attractive for self-employed borrowers and investors seeking alternative mortgage qualification paths.
#2

Angel Oak Mortgage Solutions

National wholesale Non-QM lender licensed in Colorado

Scotsman Non-QM Rank

#3

States Active

50

Branches

75

Colorado Licensing

Yes

Angel Oak is one of the most established Non-QM brands and is clearly licensed in Colorado, with a strong wholesale platform for bank statement and other alternative documentation borrowers. Its scale and reputation make it a reliable top-tier option for brokers serving complex borrower profiles.
#3

Acra Lending

Large Non-QM and private money platform for Colorado

Scotsman Non-QM Rank

#6

Non-QM Volume

$2,099,452,234

Loan Count

4,886

Branches

70

Acra Lending combines a strong Non-QM identity with broad alternative mortgage capability, including bank statement and asset-based solutions. Its national scale and industry visibility make it a compelling option for Colorado brokers handling self-employed and investor borrowers.
4
#4

Carrington Mortgage Services

Flexible Non-QM lender for self-employed and credit-rebuild borrowers

Scotsman Non-QM Top List

Yes

States Active

50

Primary Channel

Wholesale

Core Program Series

Flexible Advantage

Carrington's Flexible Advantage Series is built around Non-QM execution for borrowers who fall outside standard agency guidelines. It is especially relevant in Colorado for self-employed clients, freelancers, and borrowers needing greater documentation flexibility.
5
#5

NQM Funding, LLC

Comprehensive Non-QM options for Colorado self-employed borrowers

Documentation Paths Listed

4

Bank Statement Terms

12 or 24 months

Tradelines Typically Required

2-3

Credit Review Period

24 months

NQM Funding offers one of the broadest documented Non-QM menus in the research pack, including bank statement, P&L-only, 1099, and asset-utilization options. That breadth makes it especially useful in Colorado for self-employed borrowers and investors who need flexible qualification structures.
6
#6

Capital Home Mortgage

Colorado-specific Non-QM lender with DSCR and bank statements

Published Phone

(303) 226-1177

DSCR Minimum

1.1

Minimum Loan Amount

$100,000

Maximum Loan Amount

$1,500,000

P&L Options

1-year and 2-year

Capital Home Mortgage has a clear Colorado Non-QM page and directly markets DSCR, bank statement, and P&L products to local borrowers and investors. Its state-specific positioning makes it highly relevant for Colorado audiences seeking alternative mortgage execution.
7
#7

Griffin Funding

Flexible Non-QM lender for bank statement and DSCR borrowers

Bank Statement Minimum

12 months

Primary Income Alternatives

3

States Served

Nationwide

Core Borrower Types

Self-employed and investors

Griffin Funding offers a broad set of Non-QM choices, including bank statement, asset-based, and DSCR-style investor qualification approaches. It is a strong fit in Colorado for self-employed borrowers and real estate investors who need alternatives to tax-return underwriting.
8
#8

First National Bank of America

Bank-backed Non-QM lender for alternative mortgage borrowers

Institution Type

Bank

Non-QM Focus

Yes

Primary Borrower Types

Self-employed and investors

Geographic Reach

National

First National Bank of America is recognized as a leader in the Non-QM space and offers alternative mortgage solutions relevant to self-employed borrowers and investors. Its bank-backed profile may appeal to Colorado borrowers seeking institutional stability alongside flexible underwriting.
9
#9

Cliffco Mortgage

Non-QM mortgage options for self-employed and gig workers

Core Non-QM Programs

3

Target Borrower Segments

3

Income Methods Highlighted

Bank statement and asset-based

Investor Program

DSCR

Cliffco Mortgage directly promotes Non-QM loans for self-employed, gig-economy, and non-traditional income borrowers, including bank statement, asset-based, and DSCR programs. That targeted product messaging makes it relevant in Colorado for borrowers outside standard agency boxes.
10
#10

Easy Street Capital

Investor-focused private lender for Colorado rental properties

Property Focus

Short-term and long-term rentals

Institution Type

Private lender

Borrower Focus

Real estate investors

Geographic Scope

Colorado served

Easy Street Capital is more investor-centric than owner-occupied focused, but it remains relevant for Colorado clients seeking flexible financing on short-term and long-term rental properties. It is best suited to real estate investors needing Non-QM-style property-based execution rather than traditional income-heavy underwriting.

●Conclusion

Choosing among Colorado's top Non-QM lenders requires more than identifying who offers a bank statement program. The right lender for your situation depends on a combination of factors that are specific to your income structure, credit profile, property type, and transaction timeline.

Key evaluation factors to consider include:

  • Documentation fit: Different lenders weight bank statements, P&L statements, 1099 income, and asset utilization differently. Match your strongest documentation type to a lender that emphasizes it.
  • Borrower channel: Most of the lenders ranked here operate primarily through a wholesale broker model, meaning you will access their products through a licensed mortgage broker rather than directly. If you are a borrower, working with an experienced Non-QM broker in Colorado is often the most efficient path.
  • Property type and loan purpose: Investors targeting DSCR-eligible rentals — including short-term rentals common in Colorado's mountain markets — should prioritize lenders with investor-specific program depth. Owner-occupied self-employed borrowers have a different set of relevant options.
  • Loan size: Some lenders publish explicit loan amount ranges. Ensure the lender you consider can accommodate your transaction size, particularly in higher-value Colorado markets.
  • Rate and pricing transparency: Non-QM rates carry a premium over agency pricing that reflects the additional credit risk and documentation flexibility. Ask for itemized rate sheets and understand how your credit score, LTV, and documentation type affect your pricing tier.
  • Lender scale and reliability: In a non-agency lending environment, lender stability matters. National Non-QM platforms with significant origination volume and industry recognition offer a level of process consistency that smaller or newer entrants may not.

No single lender on this list is the right fit for every Colorado Non-QM borrower. Comparing at least two to three options — particularly those whose documented product menus and borrower type focus align with your profile — is a sound practice before committing to an application. Work with a knowledgeable mortgage broker or advisor who understands Colorado's non-agency lending environment and can match your financing strategy to the most competitive execution available.

Keywords:Mortgage