Non-QM, Alt-Doc & Jumbo Loans

Fast & Easy alternative home loan solutions in 36 states, with great rates.

Primary Residences & Second Homes
Whether your a first-time home buyer or looking to refinance your existing mortgage on your primary residence or second home, we have the right program.

Investment Properties
Are you a seasoned real estate investor or purchasing your first rental property? We have deep industry experience and the right programs to meet your needs.

Knowledge at your fingertips
Innovative technology that’s personal and simplistic that keeps you informed with real-time loan status. A simple and secure “no red tape” experience.


Owner-Occupied Loan Programs

Too many mortgage solutions can become overwhelming for some. Rest assured that our technology and Loan Concierge experts are there for you 24/7 to help you gain access to the best rates and programs you deserve.

30-Year Fixed
You can count on consistent mortgage payments for the duration of your loan. We recommend this type of loan if you plan on staying in your home for more than 7 years, have excellent credit and consistent income.

15-Year Fixed
Are you looking to payoff your mortgage twice as fast and pay less interest? You’ll have higher principal payments, but pay less in overall interest.

If you are looking for a lower interest rate to reduce your monthly payment or plan to keep the property for less than 7 years, an Adjustable-rate mortgage (ARM) may be the right program for you. 3/1, 5/1, 7/1 and 10/1 ARM programs are available.

Our jumbo loans provide a great option for home buyers and real estate investors purchasing properties that exceed conforming limits. Fixed Rate, ARM and Interest Only options are available.

Are you self-employed, an entrepreneur or have irregular income? Our Non-QM loans are a great option for those non-traditional borrowers with complex tax returns, require bank statement underwriting, asset depletion or need to go stated. Chances are we have a solution for you.

FHA, VA and USDA loans are also an option with us. FHA loans are government-insured that offer lower down payment requirements with flexible credit. VA loans are backed by the Dept. of Veterans Affairs. USDA loans offer borrowers in qualified rural areas with low to moderate-income a more affordable option.

Why Us?

We have relationships with the largest loan aggregators in the country that have the lowest cost of funds and the most flexibility.

We foster a culture of partnership in which all clients are represented in a cooperative environment. Our team behind the scenes will be there every step of the way to ensure the best experience in the mortgage industry.

We are industry leaders and our process offers unparalleled speed, security and efficiency. We’re consistently working with our investors to ensure our clients have access to diverse financing options at a competitive rate.

We are industry leaders and our process offers unparalleled speed, security and efficiency. We’re consistently working with our investors to ensure our clients have access to diverse financing options at a competitive rate.

24/7 Support
Communication is everything and we stand by our service. Whether you’re a first-time borrower or a sophisticated real estate investor, you can always connect with a NOREDTAPE expert to answer any of your questions.

We’ve streamlined the mortgage process to eliminate unnecessary fees and time-wasting appointments. Start your application online anytime and move at your own pace. Our technology and team will evaluate your application to ensure you’re obtaining the best rates available.


NOREDTAPE is a Nationwide Wholesale Jumbo and Non-QM Direct Lender located in Calabasas California, which is part of a 20+ year old mortgage banking firm. We well capitalized and works with the Nation’s largest loan aggregators that manage billions of dollars of their own funds, who are not subject to margin calls. This means NOREDTAPE was built to be here another 20 more years.

All loans are underwritten in-house with no Investor approvals, which enables exceptional turn times where most loans are closing in less than 30 days. Over 30% of NOREDTAPE’s fundings are made with in-house exceptions, which means we know a good loan when we see it. We’re passionate about non-agency loans and pride ourselves on closing deals that many lenders pass on. The other 70% close with us because of our competitive pricing, aggressive guidelines and fast turn times.

ALTRA Mortgage Capital LLC. All rights reserved. ALTRA Mortgage Capital LLC is the owner of all related designs, trademarks, copyrights, and other intellectual property. Rates, fees and programs are subject to change without notice. Other restrictions may apply. BM Real Estate Services Inc., DBA NOREDTAPE Equal Housing Lender. NMLS #103098 –


NMLS ID 103098

Year Established


Office Locations

5016 North Parkway Calabasas Suite 200, Calabasas, California 91302

Loan Structure for Majority of Loans

  • Own Balance Sheet

Blake Scheifele

Co-Founder & Broker

Industry Veteran, Blake Scheifele, is leading the charge to make Brokers aware of NoRedTape's superior line of Jumbo Prime and Non-QM products. Scheifele started his 30+ year career as a top producing Retail Loan Officer and Wholesale Account Executive, which evolved into starting and growing successful wholesale alternative lending platforms. He has closed 6B+ of Non-Agency loans as Founder of Solve Mortgage, Co-Founder of ALTLOAN and Co-Founder of No Red Tape Mortgage. Scheifele continues to be passionate about designing new loan programs, streamlining processes and closing loans quickly for Mortgage Brokers.

License Information
NMLS ID - 292984
CA DRE Broker Lic. - 01038258