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Non-QM mortgages are no longer a niche product or a “last resort.” They’re a $100 billion market in 2025 — and if you’re not paying attention, you’re leaving massive opportunities on the table.
In this episode of Laugh, Lend & Eat, Fobby sits down with a powerhouse panel of Non-QM experts:
Lisa Schreiber – SVP, eRESI Mortgage
David Porter – VP Correspondent Lending, Vista Point Mortgage
Mike Perry – AnnieMac’s own Non-QM leader and architect of the “No Deal Left Behind” initiative
Together, they tackle the misconceptions, challenges, and future of Non-QM lending — and they don’t hold back.
Why are less than 20% of loan officers adopting Non-QM, and what’s stopping the rest?
With average 70% LTVs and 700+ FICOs, why is Non-QM still confused with subprime?
If one-third of all loans require exceptions, how do you actually win them?
Why do 50% of submissions come in poorly structured — and how do top lenders fix this?
What does it mean for the industry that Non-QM is projected to hit $100B this year?
Key Takeaway: Non-QM isn’t a backup plan. It’s a business plan. If you want to grow volume, stand out to referral partners, and own a market niche, Non-QM may be the single biggest opportunity you’re ignoring.
Questions We Dig Into:
By Fobby Naghmi5
55 ratings
Non-QM mortgages are no longer a niche product or a “last resort.” They’re a $100 billion market in 2025 — and if you’re not paying attention, you’re leaving massive opportunities on the table.
In this episode of Laugh, Lend & Eat, Fobby sits down with a powerhouse panel of Non-QM experts:
Lisa Schreiber – SVP, eRESI Mortgage
David Porter – VP Correspondent Lending, Vista Point Mortgage
Mike Perry – AnnieMac’s own Non-QM leader and architect of the “No Deal Left Behind” initiative
Together, they tackle the misconceptions, challenges, and future of Non-QM lending — and they don’t hold back.
Why are less than 20% of loan officers adopting Non-QM, and what’s stopping the rest?
With average 70% LTVs and 700+ FICOs, why is Non-QM still confused with subprime?
If one-third of all loans require exceptions, how do you actually win them?
Why do 50% of submissions come in poorly structured — and how do top lenders fix this?
What does it mean for the industry that Non-QM is projected to hit $100B this year?
Key Takeaway: Non-QM isn’t a backup plan. It’s a business plan. If you want to grow volume, stand out to referral partners, and own a market niche, Non-QM may be the single biggest opportunity you’re ignoring.
Questions We Dig Into: