Guild using Loanlogics’ LoanBeam NQM income analyzer

Guild Mortgage will be using Loanlogics’ LoanBeam NQM to assist in underwriting its non-qualified mortgage production by automating the income analysis process.

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“Non-QM mortgages create greater potential for lender error due to the unconventional financial profiles of borrowers who don’t typically meet standard income, employment or credit criteria,” said Dave Parker, Loanlogics’ CEO, in a press release.

It is otherwise a labor intensive manual task, he continued. The product combines artificial intelligence-powered document processing with human verification and intelligent income calculation.

Guild originated $7.4 billion of mortgages in the third quarter, of which 86% were purchases, according to its 10-Q for the period, its final as a publicly traded company. But the data does not include how much was from non-QM.

Growth in non-QM during 2025

Industry-wide however, non-QM volume and securitization has been growing in the past year. The November 2025 Optimal Blue Market Advantage report put the non-QM share at 9%, the highest level the product and pricing engine provider has ever recorded.

The nonconforming share of rate locks, which Optimal Blue includes non-QM in, made up 17% of the month’s activity, up 210 basis points from 12 months prior.

Much of the growth has been in the investor/debt service coverage ratio category. Those made up 31% of November’s non-QM rate locks, up 186 basis points over October, and 181 basis points from November 2024.

Bank statement loans were 33.6% of the total, but this shrunk 120 basis points from the prior month and by 391 basis points versus the previous November.

The broad all other non-QM category had a 35.4% share, just 0.65% lower than October, but up by 2.1% versus the prior year.

Loanlogics rolled out LoanBeam NQM last October. Among the initial users was Pennymac.

This technology will help the lender to empower its correspondents to serve a broader range of creditworthy borrowers who may not meet agency guidelines, said Otto Suarez, managing director, correspondent lending fulfillment at Pennymac, in the October press release.

Manual income analysis can create bottlenecks which limit non-QM loan volume, slow down underwriting and delay closings, Parker said at the time.

“Manual processing is also more vulnerable to data transcription errors, missing documentation, inconsistent guideline applications and compliance issues that can damage borrower relationships and investor confidence,” he explained.

LoanBeam NQM has four active users including Pennymac and Guild, with more to be announced soon, a Loanlogics spokesperson said.