Residential
Conforming Mortgages
Dreaming of homeownership? CMRE's Conforming Mortgages offer a path to achieving your real estate goals with competitive rates starting at 6.875% and flexible terms. These mortgages adhere to standards set by Fannie Mae and Freddie Mac, making them a reliable and accessible option for a wide range of borrowers.
Program Benefits
Competitive interest rates, starting at 6.875%, designed to save you money over the life of the loan.
Lower down payment options available, with loan-to-value (LTV) ratios up to 97%.
Increased accessibility for borrowers with a minimum FICO score of 620.
Fixed-rate and adjustable-rate options to suit your financial needs and risk tolerance.
Ideal for purchasing primary residences, second homes, or investment properties.
Streamlined application and approval process for a hassle-free experience.
Program Highlights
Max LTV
97%
Min Credit Score
620
Max DTI
50%
Loan Amount Range
$100K - $3M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (up to 4 units)
Program Requirements
Income Documentation
- •Stable and verifiable income history.
- •Sufficient income to cover monthly mortgage payments and other debts.
- •Documentation such as pay stubs, W-2s, and tax returns may be required.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable assets include savings accounts, checking accounts, and investment accounts.
- •Clear and verifiable source of funds.
Insurance & Title
- •Homeowner's insurance to protect against property damage.
- •Mortgage insurance may be required if the down payment is less than 20%.
- •Flood insurance may be required depending on the property's location.
Property Requirements
- •Minimum FICO score of 620.
- •A review of your credit history to assess creditworthiness.
- •A history of responsible credit usage with minimal late payments or defaults.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
A conforming mortgage is a loan that meets the guidelines set by Fannie Mae and Freddie Mac. These guidelines include loan limits, credit score requirements, and debt-to-income ratios. Conforming mortgages are generally easier to obtain and often have lower interest rates compared to non-conforming loans.
CMRE requires a minimum FICO score of 620 to qualify for a conforming mortgage. However, a higher credit score may result in better interest rates and loan terms.
The maximum loan amount for a conforming mortgage varies depending on the county and the number of units in the property. Contact us or check the FHFA website for the current conforming loan limits in your area.
CMRE offers conforming mortgages with LTVs up to 97%, meaning you may only need a 3% down payment.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
