Government
Nurse Next Door
CMRE is proud to offer the Nurse Next Door program, designed to help nurses achieve their dream of homeownership. This program offers flexible qualification guidelines and competitive rates, starting at 6.25%, making it easier for nurses to purchase, refinance, or renovate their homes.
Program Benefits
Lower down payment options available.
Competitive interest rates, starting at 6.25%, to save you money over the life of the loan.
Flexible credit score requirements, starting at 580.
Potential for down payment and closing cost assistance.
Refinance options to lower your monthly payments or shorten your loan term.
Available for primary residences.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$50K - $1M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable employment history as a registered nurse, licensed practical nurse, or other eligible nursing profession.
- •Verification of income through pay stubs and W-2 forms.
- •Debt-to-income ratio must meet program guidelines (typically 55%).
Asset Verification
- •Sufficient funds for down payment and closing costs.
- •Verification of assets through bank statements.
- •Gift funds may be allowed with proper documentation.
Insurance & Title
- •Homeowners insurance policy required.
- •Mortgage insurance may be required depending on loan-to-value ratio.
- •Flood insurance may be required if the property is located in a flood zone.
Property Requirements
- •Minimum FICO score of 580.
- •Review of credit history to assess creditworthiness.
- •Derogatory credit events may require further documentation and explanation.
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 credit score required is 580.
Eligible property types include single-family homes, condos, and townhouses that will be used as a primary residence.
Yes, the Nurse Next Door program can be used to refinance your existing mortgage, potentially lowering your monthly payments or shortening your loan term.
The maximum loan-to-value (LTV) is 96.5%.
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."
