Non-QM Forecasting Survey
On March 5, 2019, we asked our broker community about how much of their business is Non-QM. We're curious since there is so much talk in the broker and lending community about Non-QM right now and we wanted to see what you think the future will be. 316 people responded to our survey. Here are the averaged results. We think they are interesting and hope you do too.
Question: What percent of your February 2019 loan volume was Non-QM?
Answer: 18%
Question: What percent of your total loan volume in all of 2019 do you anticipate will be Non-QM?
Answer: 26%
According to the respondents of this poll, brokers are expecting their Non-QM business to grow 44% from February through the end of the year! Wow! Are you ready for the change?