GoDocs releases non-QM loan documentation guide

GoDocs, a fintech company focused on streamlining the process of closing commercial loans, has released a comprehensive non-QM guide to help commercial lenders navigate this growing market.

The “Lender’s Guide to Document Challenges for Non-QM Loans” provides a detailed look at how non-QM “benefits both lenders and borrowers” and why these types of loans “represent the future of commercial lending,” the company said in a release.

“As the commercial lending market continues to evolve, non-QM loans are becoming an increasingly popular offering among lenders looking to create new revenue streams,” GoDocs said in a statement. “While lenders took a hit during the pandemic, the housing shortage is driving more investors to seek out non-conventional loans in order to meet demand.”