Government
VA Mortgages
VA mortgages, backed by the Department of Veterans Affairs, offer an exceptional pathway to homeownership for eligible veterans, active-duty service members, and surviving spouses. Benefit from competitive rates, potentially starting as low as 6.25%, and flexible qualification requirements tailored to those who serve our nation. With options for no down payment and no private mortgage insurance, VA loans make homeownership more accessible and affordable.
Program Benefits
No down payment options available for qualified borrowers.
No private mortgage insurance (PMI) required, saving you money each month.
Competitive interest rates, potentially starting at 6.25%.
More lenient credit score requirements compared to conventional loans.
Assumable mortgages, making your home more attractive to future buyers.
Backed by the U.S. Department of Veterans Affairs, providing added security.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$100K - $3M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Manufactured Home
Program Requirements
Income Documentation
- •Stable and reliable income history is required.
- •Must demonstrate the ability to repay the loan.
- •Documentation such as pay stubs, W-2s, and tax returns are typically needed.
- •Self-employed borrowers will need to provide additional documentation.
Asset Verification
- •Verification of sufficient funds to cover closing costs and any required reserves.
- •Bank statements and other asset documentation will be required.
- •Gift funds are often acceptable with proper documentation.
- •Focus is on ability to repay, minimizing strict asset requirements.
Insurance & Title
- •Hazard insurance (homeowner's insurance) is required to protect the property.
- •Flood insurance may be required if the property is located in a flood zone.
- •VA does not require mortgage insurance, but insurance to protect the property is mandatory.
Property Requirements
- •Minimum FICO score of 580 is generally required.
- •A credit history demonstrating responsible financial behavior is essential.
- •Past bankruptcies or foreclosures may require waiting periods.
- •CMRE works with borrowers with varying credit profiles.
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 VA loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs. It is available to eligible veterans, active-duty service members, and surviving spouses. VA loans often offer favorable terms, such as no down payment and no private mortgage insurance.
The benefits of a VA loan include no down payment requirement, no private mortgage insurance (PMI), competitive interest rates, and more lenient credit requirements compared to conventional loans. VA loans also offer assistance to borrowers facing financial difficulties.
To apply for a VA loan with CMRE, contact one of our experienced loan officers. We will guide you through the application process, help you gather the necessary documentation, and answer any questions you may have. We are committed to helping you achieve your homeownership goals.
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."
