On this episode of the Money Matrix Podcast, Mayer Dellal of Mortgage Bank of California (a non-QM lender) joins loan analyst Jason Rod and underwriter/analyst Alan Hastings to explain how self-employed borrowers, 1099 workers, and investors are often denied by conventional banks that rely on automated, tax-return-based underwriting.

Mayer shares his own denial experience and a client story who deposits $700,000–$1,000,000 monthly but showed little taxable income and was approved using bank statements. They break down key non-QM options: the bank statement program (often using about 50% of monthly deposits, with DTI up to 50%), 1099 qualification (typically a 10% expense factor to use 90% of income), and DSCR investor loans that qualify primarily on rental income covering the mortgage. They also describe a fast pre-approval process, multi-state licensing, and an upfront underwriting program (“Agility Advantage”) that can strengthen purchase offers.00:00 Welcome and Introductions01:06 Why Banks Say No02:21 Founder Denial Story03:56 Non QM Mission Explained06:29 Self Employed by Numbers08:20 Client Case Mark11:15 Bank Statement Loans16:05 DTI and Income Math16:51 1099 Qualifying Shortcut20:50 DSCR Investor Loans25:14 How to Get Started27:59 Agility Advantage Pre Underwrite29:59 Why Big Banks Wont Adapt31:15 Final Wrap and Links