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Sally Herman headshot

Sally Herman

Loan Officer
Movement Mortgage
NMLS ID # 1821838

Movement Blog

Qualified mortgage definition

October 10, 2019

What does QM stand for in mortgages?

Ever heard of a QM in the home buying process? A QM is a Qualified Mortgage. Find out the Qualified Mortgage Definition in Movement’s ABCs of Mortgages.

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Sally Herman headshot
Sally Herman
Loan Officer
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700 Arendell St. Office 5, Morehead City, NC 28557
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NMLS # 1821838

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DBO1821838, GA-73219, MD-1821838, NC-I-183988, SC-BFI-MLO-1821838, TN-1821838, VA-MLO-46303VA