Shraybman also shared his personal experience navigating Philadelphia’s competitive housing market.
“My wife and I began searching for a home in May of last year, but we didn’t secure a contract until September. The delay wasn’t due to a lack of suitable properties; it was the sheer level of competition. We made nearly 10 offers—many above the asking price—and were still consistently outbid. In several cases, other buyers presented all-cash offers, leaving us unable to compete.
“Even now, homes don’t sit on the market for long. A real estate agent friend of mine hosted an open house on Saturday, and, by Monday, the property was already under contract. While the number of offers may have declined compared to last year, there’s still plenty of competition and interest.”
For Shraybman, the rise of non-QM loans isn’t just a niche trend—it’s a signal of a broader shift in the mortgage industry. These loans, which bridge gaps left by conventional products, are becoming a lifeline for diverse borrower profiles. As he sees it, the growth of the non-QM sector represents not just an opportunity for lenders and borrowers, but a redefinition of what’s possible in the mortgage market.
“It’s all about providing options for borrowers who don’t qualify for a traditional loan but still want to buy now,” Shraybman said. “and non-QM loans are delivering exactly that.”