LoanStream Mortgage Review
Founded 2001 · Irvine, CA · Nationwide
3.5
Editor Rating
LoanStream Mortgage offers a well-known non-QM line branded "NanQ," covering bank statement, 1099, P&L, asset, and ITIN programs. The NanQ line is a wholesale staple — consumers reach it through a mortgage broker rather than applying directly.
Editor's Take
A solid non-QM line (NanQ) with a broad self-employed menu and a price-match angle. It is a broker-channel product, so ask your broker to quote LoanStream alongside the other wholesale investors.
— Bill Rice, 30+ year mortgage lending veteran
Pros & Cons
Pros
- Established "NanQ" non-QM line with a wide menu
- Bank statement, 1099, P&L, asset, and ITIN programs
- Markets a non-QM rate "Best Price Promise"
- Long-tenured parent company (OCMBC)
Cons
- NanQ line is wholesale — apply through a broker, not directly
- Brand is less visible to consumers than retail lenders
- Pricing and service depend on your broker
Loan Products Offered
Eligible Property Types
Best For
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LoanStream Mortgage Review: Frequently Asked Questions
Is LoanStream Mortgage a legitimate lender?
LoanStream Mortgage is an established lender founded in 2001 and headquartered in Irvine, CA. It lends nationwide and specializes in bank statement loans, self employed mortgages, non qm loans, asset depletion loans, 1099 income loans, profit and loss loans, no tax return mortgages and itin mortgages. To verify it for yourself, confirm LoanStream Mortgage's current NMLS registration and state licensing, check its Better Business Bureau (BBB) profile and reviews, and compare written quotes before you apply.
What are the pros and cons of LoanStream Mortgage?
Pros: Established "NanQ" non-QM line with a wide menu; Bank statement, 1099, P&L, asset, and ITIN programs; Markets a non-QM rate "Best Price Promise". Cons: NanQ line is wholesale — apply through a broker, not directly; Brand is less visible to consumers than retail lenders; Pricing and service depend on your broker.
Does LoanStream Mortgage offer bank statement loans?
Yes. LoanStream Mortgage offers bank statement loan programs that qualify self-employed borrowers using 12–24 months of bank deposits instead of tax returns or W-2s — useful for business owners and 1099 earners with non-traditional income.
What credit score do you need for LoanStream Mortgage?
LoanStream Mortgage's published minimum credit score is 620. A higher score generally unlocks better rates and higher leverage. Requirements vary by loan program and are subject to change.
What rates and fees does LoanStream Mortgage charge?
LoanStream Mortgage's rates run approximately 7.25%–9.99% with origination fees of Set by your broker, on loans from $100K to $4M (up to 90% LTV). All figures are approximate and subject to change — request a written quote for your scenario.
How fast can LoanStream Mortgage close a loan?
LoanStream Mortgage typically closes in 25–45 days, depending on the loan program, the property, and how quickly you provide documentation.
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. Self-Employed Lending Hub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.