Residential
Conventional Mortgages
Unlock your homeownership dreams with a Conventional Mortgage from CMRE. Ideal for borrowers with good credit, our Conventional Mortgages offer competitive rates, starting at 6.875%, and flexible terms to fit your budget. Let CMRE guide you through a seamless mortgage process, making homeownership accessible and affordable.
Program Benefits
Competitive interest rates starting at 6.875% for qualified borrowers.
Lower down payment options available, with LTVs up to 97%.
Ideal for borrowers with good credit, simplifying the approval process.
Flexible loan terms to suit your financial needs and goals.
Build equity faster with predictable monthly payments.
Avoid the upfront mortgage insurance premiums required by some other loan types.
Program Highlights
Max LTV
97%
Min Credit Score
620
Max DTI
50%
Loan Amount Range
$50,000 - $3,000,000
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (up to 4 units)
Program Requirements
Income Documentation
- •Stable and verifiable income history required.
- •Pay stubs for the most recent 30 days.
- •W-2 forms for the past two years.
- •Self-employed borrowers may need to provide additional documentation, such as tax returns.
Asset Verification
- •Sufficient funds for down payment, closing costs, and reserves.
- •Bank statements to verify funds.
- •Investment account statements.
- •Gift funds are permitted with proper documentation.
Insurance & Title
- •Homeowners insurance policy required to protect your investment.
- •Flood insurance may be required depending on the property's location.
- •Proof of insurance must be provided prior to closing.
- •CMRE can assist you in finding suitable insurance options.
Property Requirements
- •Minimum FICO score of 620 required.
- •Review of credit history to assess creditworthiness.
- •Good credit history with minimal derogatory marks.
- •Lower rates may be available for borrowers with higher credit scores.
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
The minimum down payment for a Conventional Mortgage can be as low as 3% for qualified borrowers.
A minimum FICO score of 620 is typically required to qualify for a Conventional Mortgage. However, a higher credit score may help you secure a lower interest rate.
If your down payment is less than 20% of the home's purchase price, you will likely be required to pay private mortgage insurance (PMI). Once you reach 20% equity in your home, you can typically request to have PMI removed.
A fixed-rate Conventional Mortgage offers predictable monthly payments for the life of the loan, providing stability and peace of mind. This can be especially beneficial if you plan to stay in your home for a long period of time.
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."
