Who this article is for
This article is for:
Borrowers comparing different loan types
Homebuyers or builders seeking construction financing
Borrowers who may not meet traditional underwriting guidelines
Anyone unsure whether their needs fall under conventional loan products
Why Nestwise doesn’t offer construction or Non-QM loans
Nestwise focuses exclusively on conventional, agency-backed mortgage products that follow Fannie Mae and Freddie Mac guidelines.
Because of this, we do not offer:
Construction loans (loans used to build a home from the ground up)
Non-QM loans (loans that fall outside traditional income, credit, or documentation rules)
This ensures a streamlined, predictable lending process with clear qualification standards and strong long-term stability for borrowers.
Why Nestwise doesn’t offer construction loans
Construction loans require:
A different underwriting process
Multiple loan phases (construction + permanent mortgage)
Builder approval and project oversight
Specialized draw schedules and inspections
These features fall outside the scope of Nestwise’s digital-first lending model.
If you’re building a home:
You will need a construction lender for the building phase
You may refinance into a Nestwise mortgage once the home is complete and move-in ready (this is called a construction-to-permanent refinance)
Nestwise can become your lender once the home is fully built and eligible for a standard mortgage.
Why Nestwise doesn’t offer Non-QM loans
Non-QM loans are designed for borrowers who don’t meet agency standards.
Examples include:
Bank statement loans
Asset depletion loans
DSCR (Debt Service Coverage Ratio) loans
Loans for major credit challenges
Non-standard documentation products
Nestwise specializes in conventional lending and therefore requires:
Full income verification
Standard documentation
Minimum 620 credit score
Fannie Mae / Freddie Mac eligibility
If you do not meet conventional requirements, our sister company Doorly may be a better fit.
Alternative path: When Doorly may be a good option
If you need:
Flexible documentation
Alternative credit evaluation
A second chance after a denial
More lenient credit requirements
Doorly offers non-traditional paths to homeownership.
Nestwise can help you understand whether you meet conventional guidelines before recommending an alternative solution.