Non-QM
WVOE Only Mortgages
Unlock your homeownership dreams with CMRE's WVOE Only Mortgages, a flexible Non-QM loan option designed for self-employed individuals and entrepreneurs. Get approved using only your Verification of Employment (WVOE) and take advantage of competitive rates, starting at 7.5%, to purchase or refinance your property.
Program Benefits
Simplified Qualification: Qualify using only your WVOE, eliminating the need for extensive tax returns.
Competitive Rates: Access attractive interest rates, starting at 7.5%, designed for Non-QM borrowers.
Higher Loan Amounts: Secure the financing you need with loan options tailored to your unique financial situation.
Flexible Terms: Choose from a variety of loan terms to fit your budget and financial goals.
Purchase or Refinance: Utilize WVOE Only Mortgages for both purchasing a new home or refinancing your existing mortgage.
Ideal for Self-Employed: Perfect for entrepreneurs, freelancers, and small business owners with unconventional income documentation.
Program Highlights
Max LTV
80%
Min Credit Score
660
Max DTI
55%
Loan Amount Range
$100K - $2M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Verification of Employment (WVOE) required.
- •Minimum of 2 years of employment history.
- •Stable and consistent employment is crucial.
- •Income should be sufficient to cover mortgage payments and other debts.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable asset types include savings accounts, checking accounts, and investment accounts.
- •Verification of funds is required through bank statements and other documentation.
- •Gift funds may be considered with proper documentation.
Insurance & Title
- •Homeowners insurance is required to protect the property.
- •Flood insurance may be required depending on the property's location.
- •Mortgage insurance may be required depending on the loan-to-value ratio.
Property Requirements
- •Minimum FICO score of 660 required.
- •A history of responsible credit use is essential.
- •No recent bankruptcies or foreclosures.
- •Late payments and collections 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
WVOE stands for Verification of Employment. It's a form completed by your employer that verifies your employment status, job title, and income. It serves as an alternative to traditional income documentation for mortgage approval.
The primary advantage is simplified qualification. You don't need to provide extensive tax returns or other income documents. This makes it easier for self-employed individuals and others with non-traditional income to get approved for a mortgage.
Interest rates for WVOE Only Mortgages typically start at 7.5%, but can vary depending on your credit score, loan-to-value ratio, and other factors. Contact us for a personalized rate quote.
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."
