Many people today have incomes that fluctuate, such as self-employed business owners, hospitality workers, and retirees. This is where non-QM fills the gap, by providing flexible underwriting guidelines for responsible consumers with unique income circumstances. Non QM Loans are also valuable for the consumer who has had a ding on their credit like bankruptcy or past delinquent debt that caused their credit score (FICO) to go down below agency guidelines.