Non-QM
No Income Verification
Unlock your homeownership dreams with CMRE's No Income Verification loan program. This Non-QM option offers a streamlined path to financing, even if you're self-employed, a real estate investor, or have complex income situations. Benefit from competitive rates, starting at 7.5%, and flexible qualification criteria.
Program Benefits
Ideal for self-employed individuals, entrepreneurs, and real estate investors.
Streamlined application process without extensive income documentation.
Competitive interest rates, starting at 7.5%.
Flexible qualification criteria for borrowers with unique financial profiles.
Purchase or refinance a primary residence or investment property.
Access loan amounts that align with your real estate goals.
Program Highlights
Max LTV
80%
Min Credit Score
660
Max DTI
55%
Loan Amount Range
$100K - $3M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (1-4 Units)
Program Requirements
Income Documentation
- •Alternative documentation methods accepted (e.g., asset depletion, bank statements).
- •No traditional income verification required.
- •Demonstrate ability to repay the loan through alternative means.
Asset Verification
- •Verification of sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable asset types include savings accounts, investment accounts, and retirement funds.
- •Asset depletion options available for qualified borrowers.
Insurance & Title
- •Homeowner's insurance required to protect the property.
- •Flood insurance may be required depending on the property's location.
- •Proof of insurance coverage must be provided prior to closing.
Property Requirements
- •Minimum FICO score of 660 required.
- •Review of credit history to assess overall creditworthiness.
- •Recent bankruptcies or foreclosures may impact eligibility.
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 No Income Verification loan is a type of mortgage that does not require traditional income documentation, such as W-2s or pay stubs. Instead, lenders may use alternative methods to assess your ability to repay the loan, such as asset verification or bank statement analysis.
The main benefit is the ability to qualify for a mortgage without needing to provide extensive income documentation. This can be particularly helpful for self-employed individuals or those with non-traditional income streams.
Interest rates for No Income Verification loans may be slightly higher than traditional mortgages due to the increased risk for the lender. However, they can still be competitive, especially with a strong credit history and substantial assets. CMRE's rates start at 7.5%.
The minimum credit score for CMRE's No Income Verification loan program is 660.
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."
