Self-employed and investors in
Texas
Count of Non-QM loans in
Texas
Non-QM lending growth in
Texas
Texas is the third-largest Non-QM lending market in the United States, with approximately 39,994 Non-QM loans originated in 2024. While total originations declined 10.3% year over year, the state remains one of the largest markets for alternative mortgage lending nationally. Non-QM lending activity is concentrated in major metropolitan areas such as Dallas, Houston, and San Antonio, though a significant share of originations also occurs outside defined metropolitan statistical areas, reflecting the broad geographic distribution of housing markets across the state.
Polygon Vision estimates that Texas contains roughly 563,621 potential Non-QM borrowers, including approximately 261,061 self-employed households and 302,560 small real estate investors. The strong presence of investor-owned housing and entrepreneurial labor markets contributes to a large borrower pool that may require Non-QM mortgage products such as DSCR loans and bank-statement underwriting.