Non-QM
NonQM Loans
Unlock your homeownership dreams with CMRE's Non-QM Loans. These loans are designed for borrowers who don't fit traditional lending criteria, offering flexible solutions and competitive rates. Starting at 7.5%, Non-QM loans can help you purchase or refinance your property even with unique financial circumstances.
Program Benefits
Access financing even with self-employment income or irregular income streams.
Ideal for entrepreneurs, freelancers, and business owners.
Qualify with alternative documentation methods, such as bank statements.
Higher debt-to-income ratios are often accepted compared to conventional loans.
Potential for financing investment properties that may not qualify under traditional guidelines.
Competitive interest rates starting at 7.5% for qualified borrowers.
Program Highlights
Max LTV
80%
Min Credit Score
660
Max DTI
55%
Loan Amount Range
$75,000 - $3,000,000
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (1-4 Units)
Program Requirements
Income Documentation
- •Documentation of income through alternative methods like bank statements or profit and loss statements.
- •Verification of consistent income over a specified period, typically 12-24 months.
- •Self-employed individuals may need to provide business documentation.
Asset Verification
- •Sufficient assets to cover the down payment, closing costs, and reserves.
- •Verification of asset holdings through bank statements or investment account statements.
- •Gift funds may be considered with proper documentation.
Insurance & Title
- •Hazard insurance to protect the property against damage or loss.
- •Flood insurance may be required if the property is located in a flood zone.
- •Mortgage insurance may be required depending on the loan amount and down payment.
Property Requirements
- •Minimum FICO score of 660.
- •Review of credit history to assess creditworthiness.
- •Consideration of past credit events and payment history.
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 FICO score required for a Non-QM loan at CMRE is 660.
The maximum LTV for a Non-QM loan is typically 80%.
Yes, bank statements are a common form of income verification for Non-QM loans, particularly for self-employed individuals.
No, Non-QM loans can be used for primary residences, second homes, and investment properties.
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."
