LoanWiseCompare mortgages
Back to Top 10 Lists
Top 10 List•6 min read

10 Best Non-QM Lenders in Oregon

This ranking highlights the 10 best Non-QM lenders active in Oregon for borrowers who fall outside standard agency qualification guidelines. It is designed for self-employed professionals, real estate investors, and independent contractors seeking alternative documentation mortgage solutions. Use this list to identify lenders whose product mix, qualification flexibility, and market presence align with your specific financing scenario.

LoanWise Editorial Team

Isometric scene of Portland Oregon with a bridge, residential homes, a small bank building, and figures representing mortgage borrowers and investors.

Oregon's real estate market presents a distinctive set of financing challenges and opportunities. From the competitive Portland metro to high-value coastal properties and expanding secondary markets like Bend and Eugene, Oregon borrowers often bring complex income profiles that do not map neatly onto conventional underwriting standards. For self-employed business owners, gig-economy workers, real estate investors, and high-net-worth individuals, Non-QM lending has become an essential pathway to homeownership and portfolio growth in the state.

Non-QM mortgages — short for Non-Qualified Mortgages — are loans that fall outside the Consumer Financial Protection Bureau's Qualified Mortgage guidelines but are underwritten using alternative methods to assess a borrower's ability to repay. Rather than relying solely on W-2 income and tax returns, Non-QM programs can use bank statements, 1099 income, profit-and-loss statements, asset depletion, or debt-service coverage ratios (DSCR) to qualify borrowers. This flexibility makes Non-QM an indispensable tool in markets like Oregon where self-employment rates are elevated and real estate investment activity is substantial.

Key Non-QM product categories relevant to Oregon borrowers include:

  • DSCR Loans: Qualify based on a rental property's cash flow rather than personal income — ideal for real estate investors scaling a portfolio.
  • Bank Statement Loans: Use 12 to 24 months of personal or business bank deposits to document income — well suited for self-employed borrowers and small business owners.
  • 1099 and P&L Programs: Alternative documentation paths for independent contractors and business owners whose tax returns understate actual earnings.
  • Asset-Based Qualification: Leverage liquid assets to demonstrate repayment capacity without relying on traditional income documentation.

The lenders featured in this ranking were evaluated based on factors including their stated Non-QM product depth, national recognition within the Non-QM lending space, relevance to Oregon borrowers and brokers, and alignment with the primary borrower segments — self-employed individuals, real estate investors, and non-traditional income earners. Whether you are purchasing a primary residence, refinancing an investment property, or expanding a rental portfolio, this list provides a structured starting point for identifying the right Non-QM partner in Oregon.

#1

Acra Lending

High-focus Non-QM lender for DSCR and bank statement loans

Ranked Top Non-QM Lender

#3

State Focus

Oregon

Core Non-QM Products

2+

Primary Audience Segments

3

Acra Lending stands out for its deep Non-QM specialization and broad investor-oriented product set, including DSCR and bank statement programs. It is well suited for Oregon real estate investors, self-employed borrowers, and brokers seeking flexible qualification options.
#2

Angel Oak Mortgage Solutions

National Non-QM leader with strong alternative documentation depth

Scotsman Top Non-QM Rank

#3 (2023)

Core Non-QM Documentation Types

2+

State Focus

Oregon

Primary Borrower Types

3

Angel Oak Mortgage Solutions is one of the most recognized names in Non-QM and consistently ranks among top lenders in the category. Its bank statement and 1099-focused offerings make it especially attractive in Oregon for self-employed borrowers and independent contractors.
#3

Deephaven Mortgage

Non-QM specialist for self-employed and asset-based borrowers

State Focus

Oregon

Core Borrower Segments

2+

Primary Non-QM Focus

1

Key Qualification Methods

2+

Deephaven Mortgage is a dedicated Non-QM lender with strong appeal for Oregon borrowers who fall outside standard agency guidelines. Its focus on flexible qualification for self-employed applicants and business owners makes it highly relevant for alternative income scenarios.
4
#4

A&D Mortgage, LLC

Flexible Non-QM platform for P&L and asset-based borrowers

Scotsman Top Non-QM Rank

#4 (2025)

State Focus

Oregon

Alternative Doc Methods

2+

Core Audience Types

3

A&D Mortgage offers a strong Non-QM profile for Oregon borrowers needing flexibility around income documentation and investor financing. Its relevance is highest for brokers and investors seeking alternative qualification paths such as P&L- or asset-based lending.
5
#5

CrossCountry Mortgage

Large national lender with practical Non-QM and DSCR options

Scotsman Top Non-QM Rank

#2 (2025)

Core Non-QM Products

2+

State Focus

Oregon

Primary Use Cases

3+

CrossCountry Mortgage combines broad scale with meaningful Non-QM product availability, including bank statement and DSCR loans. For Oregon borrowers and brokers, it offers a balance of brand familiarity, product breadth, and investor-focused use cases.
6
#6

First National Bank of America

Bank-based Non-QM option with investor and self-employed appeal

Top Non-QM List Presence

Yes

State Focus

Oregon

Core Borrower Segments

2+

Primary Lending Categories

2

First National Bank of America is notable for its presence in Non-QM discussions and relevance to both self-employed borrowers and real estate investors. In Oregon, it offers useful flexibility for borrowers who need alternatives to standard conventional underwriting.
7
#7

Carrington Mortgage Services

Flexible mortgage lender with established Non-QM product options

Top Non-QM List Presence

Yes

State Focus

Oregon

Primary Documentation Approaches

2+

Core Lending Categories

2

Carrington Mortgage Services is a well-known national mortgage lender with a credible Non-QM offering through flexible documentation programs. It is relevant in Oregon for borrowers needing alternatives to traditional tax-return-driven qualification.
8
#8

OCMBC, Inc

Top-ranked high-volume Non-QM lender for complex borrowers

Scotsman Top Non-QM Rank

#1 (2025)

State Focus

Oregon

Primary Borrower Segments

2+

Core Lending Categories

2

OCMBC, Inc has strong national Non-QM production credentials and is highly relevant for borrowers seeking sophisticated alternative mortgage solutions. In Oregon, its appeal is strongest for higher-complexity or higher-net-worth scenarios needing flexible underwriting.
9
#9

New American Funding

Scaled retail lender with selective Non-QM flexibility for Oregon

Top Non-QM List Presence

Yes

State Focus

Oregon

Core Lending Categories

2

Primary Borrower Segments

3+

New American Funding offers a broad mortgage platform and has recognition in Non-QM lender comparisons, making it a practical option for Oregon borrowers wanting a mainstream lender with alternative qualification paths. It can be especially relevant for self-employed and gig-economy borrowers.
10
#10

OriginPoint

Borrower-friendly lender with bank statement and asset qualifier options

Core Non-QM Products

2+

State Focus

Oregon

Primary Borrower Types

2+

Core Lending Categories

2

OriginPoint is a relevant Oregon option for Non-QM borrowers who need practical alternatives such as bank statement and asset qualifier loans. It is best suited to business owners and investors whose income profile does not fit standard agency documentation requirements.

●Conclusion

Selecting the right Non-QM lender in Oregon requires more than identifying who offers the product you need — it demands a clear understanding of how each lender's program terms, qualification criteria, and channel structure align with your specific scenario. The lenders in this ranking represent a spectrum of approaches, from highly specialized pure-play Non-QM platforms to large national lenders with meaningful alternative documentation programs embedded within a broader product suite.

When comparing Non-QM options, consider the following evaluation factors:

  • Qualification Method: Confirm that the lender's primary documentation type — bank statements, DSCR, P&L, asset depletion — matches your income profile. A lender with deep DSCR expertise may not be the best fit for a 1099-based borrower, and vice versa.
  • Pricing and Rate Spread: Non-QM loans carry higher rates than conforming products due to the additional underwriting risk and lack of agency backing. Compare rate spreads across lenders and evaluate whether the premium is justified by the flexibility offered.
  • Channel Fit: Several top-ranked Non-QM lenders operate primarily through broker channels. If you are working with a mortgage broker, this can expand your access. If you prefer direct-to-consumer lending, confirm the lender's retail availability in Oregon.
  • Reserve and LTV Requirements: Non-QM programs often require larger cash reserves and lower loan-to-value ratios than conventional loans. Understand upfront what equity or liquidity thresholds apply to your scenario.
  • Lender Experience with Oregon Transactions: State-specific regulatory nuances, property types, and market conditions matter. Lenders with demonstrated Oregon activity are better positioned to execute efficiently.

No single lender on this list will be the right fit for every borrower. Real estate investors optimizing for DSCR performance should prioritize lenders with dedicated investor programs and competitive coverage ratio thresholds. Self-employed borrowers should focus on lenders with flexible bank statement and P&L documentation options and underwriters experienced with complex income structures. In either case, working with an experienced mortgage broker familiar with Oregon Non-QM placements can meaningfully improve your outcome.

Use this ranking as a research foundation, not a final decision. Compare at least two to three lenders, request scenario-specific quotes, and evaluate total loan cost — not rate alone — before committing to a Non-QM mortgage in Oregon.

Keywords:Mortgage