Non-QM
Full Doc Non-QM
The Full Doc Non-QM loan program at CMRE (Custom Mortgage & Real Estate) offers a flexible path to homeownership for borrowers who may not qualify for traditional mortgages. With rates starting at 7.5%, this program provides opportunities for self-employed individuals, entrepreneurs, and others with unique financial situations. Unlock your real estate dreams with CMRE's Full Doc Non-QM loan.
Program Benefits
Designed for self-employed borrowers and those with non-traditional income.
Offers greater flexibility in income verification compared to conventional loans.
Ideal for borrowers with a solid credit history seeking alternative financing options.
Competitive rates starting at 7.5% for qualified borrowers.
Allows for higher debt-to-income ratios than traditional mortgages.
Provides access to financing for a wider range of property types and investment opportunities.
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
- •Full documentation of income sources required.
- •Bank statements and tax returns are typically used for income verification.
- •Self-employed borrowers may need to provide profit and loss statements.
- •CMRE will assess the stability and sustainability of your income.
Asset Verification
- •Verification of sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable assets include savings accounts, investment accounts, and other liquid assets.
- •Gift funds may be considered with proper documentation.
- •CMRE may require verification of the source of funds.
Insurance & Title
- •Homeowner's insurance is required to protect the property against damage or loss.
- •Flood insurance may be required if the property is located in a flood zone.
- •CMRE will need proof of insurance coverage prior to closing.
- •The insurance policy must meet CMRE's minimum coverage requirements.
Property Requirements
- •Minimum FICO score of 660 required.
- •A review of your credit history to assess your creditworthiness.
- •A history of responsible credit usage is essential.
- •Recent bankruptcies or foreclosures may affect 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 Non-QM loan is a mortgage that doesn't meet the strict requirements of a Qualified Mortgage (QM). These loans offer more flexibility for borrowers with non-traditional financial situations.
'Full Doc' means that you will need to provide complete documentation of your income, assets, and credit history to qualify for the loan. This often leads to better rates than other Non-QM options.
Interest rates vary based on credit score, loan amount, and other factors. CMRE's Full Doc Non-QM loans start at 7.5%. Contact us today for a personalized quote.
The minimum FICO score for our Full Doc Non-QM 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."
