Non-QM Mortgage — Cannabis Industry Specialists
Cannabis Business Owner? We’ll Approve the Mortgage Your Bank Won’t.
Own or operate a state-licensed cannabis business? Most lenders decline you on sight — regardless of your personal financial strength. We work with lenders who understand cannabis and approve qualified borrowers based on their actual profile.
State-licensed
operations accepted
680+
minimum credit score
Bank statement
or P&L income docs
CA • FL • TX
licensed states
The Mortgage Industry Has a Cannabis Problem — We Don’t
Federal law still classifies cannabis as a Schedule I substance. This makes federally regulated lenders — banks, credit unions, Fannie/Freddie lenders — unwilling to lend to cannabis business owners, even for completely unrelated personal transactions. Non-QM portfolio lenders are not subject to the same constraints. Some specifically serve cannabis industry professionals.
Who We Help in the Cannabis Industry
- Dispensary owners and operators (retail cannabis)
- Cultivators and grow operation owners
- Cannabis processors and manufacturers
- Delivery and distribution license holders
- Ancillary cannabis business owners (real estate, consulting, software)
- Cannabis industry executives and high earners
What Makes You Qualify
- State-licensed cannabis operation in a legal state
- Strong personal credit profile (680+ preferred)
- Income documented via bank statements or CPA P&L
- Healthy personal financial reserves
- Low personal debt-to-income outside the cannabis business
- Clean personal financial history separate from business
How Cannabis Income Is Documented
The documentation approach mirrors standard Non-QM programs. We use business bank statements or a CPA-prepared P&L to document your cannabis business income — the same tools we use for any self-employed borrower.
Income Documentation Options
- Business Bank Statements: 12–24 months of cannabis business banking activity
- P&L Statement: CPA-prepared 12-month Profit & Loss
- Some lenders accept cannabis business income combined with personal assets
- Personal bank statements used when business accounts are not bankable
- All income documentation reviewed by lenders who understand cannabis cash flow patterns
- Revenue consistency across the statement period is key
Loan Parameters
- Minimum 680 credit score
- State-licensed operation in a cannabis-legal state required
- Loan amounts and terms depend on individual lender programs
- Primary residence, second home, or investment property
- Down payment typically 20–30%
- Strong reserves post-closing preferred
Cannabis Mortgage FAQ
Why do banks reject cannabis business owners for mortgages?
Federally chartered banks and lenders backed by Fannie Mae, Freddie Mac, or the FHA are prohibited from lending to cannabis businesses under federal law — even for personal mortgages unrelated to the business. Portfolio lenders and private Non-QM lenders operate outside this constraint.
Does my cannabis business need to be profitable to qualify?
Not necessarily — but your personal income documentation (bank statements or P&L) must show sufficient income to support the mortgage. Strong personal deposits or net income are the key factors.
Can I buy an investment property using cannabis income?
Yes. Cannabis income can be used to document personal income for an investment property purchase. The investment property then qualifies on its own LTV and rental income characteristics.
What if my cannabis business doesn’t have a traditional bank account?
Cannabis banking challenges are real. If your business uses a credit union, cannabis-specific bank, or armored cash management service, we work with your available documentation. Personal bank statements with demonstrable income are often acceptable.
Are there states where this is available?
We originate cannabis-friendly loans in California, Florida, and Texas — all states where we are licensed. Availability depends on state cannabis laws and individual lender programs. Call us to discuss your specific state and situation.
Will my cannabis business appear on my mortgage application?
Your mortgage application will show your employment status (self-employed) and income sources. The nature of your business is not always disclosed to title companies or the county recorder — discuss any concerns about privacy with us directly.
Related Programs
Your Industry Doesn’t Disqualify You. Call Us.
We’ve placed mortgages for cannabis business owners in CA, FL, and TX. Tell us your situation and we’ll tell you what’s possible.