CFPB’s QM rules and standards tend to side-line self-employed consumers, foreign nationals, real estate investors, and borrowers with significant assets but not necessarily a job, etc. aside. But non-QM lenders are taking the challenge to provide a non-QM loan to such borrowers with possibly higher interest rates or for longer terms. It takes significant scrutiny, documentation, and strict underwriting to ensure non-QM loans proceed to fund without obstacles. With a growing number of borrowers going for non-QM loans, it has become essential for non-QM lenders to partner with service providers to manage their processing needs.