Self-employed and investors in
Florida
Count of Non-QM loans in
Florida
Non-QM lending growth in
Florida
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Florida ranks as the second-largest Non-QM lending market in the United States. In 2024, lenders originated approximately 50,031 Non-QM loans, reflecting continued demand for alternative mortgage products and a 3.4% increase year over year. Lending activity is heavily concentrated in the state’s largest metropolitan areas, particularly Miami, Tampa, and Orlando, where strong investor demand and population growth continue to support Non-QM financing activity.
Polygon Vision estimates that Florida has approximately 471,785 potential Non-QM borrowers, including around 260,486 self-employed households and 211,299 small real estate investors. These borrower segments often require alternative mortgage underwriting due to self-employment income or investment property financing. The size of this borrower pool highlights Florida as one of the most significant opportunity markets for Non-QM lenders nationwide.