Looking for NON QM Loan for SFH Illnios

[Will Tse]

Looking to potential lender who will Work with me for a non QM loan . Or any other products that can help me close on a SFH In Naperville Il

Had angel oak but according to my loan originator they stop locking in rates as of 3/31 .

I know some lenders will not lock rate for 30 days until appraisal in complete and full compliance before we get CTC .

Most / or some non-QM products require appraisal before the lock in the rate correct? We are locking Non-QM rates when the loan is conditionally approved.

So after the appraisal, title hoi is back…?

Why do some do this and some lenders don’t ?

This is my first time looking into a non QM loan

Would have done a DSCR loan that I've used from my other rental properties. This house that I have a contract on SFH that I'll be living in.

Any advice from the Bigger Pockets community great