Non-QM
No Income Verification in Miami, FL
Looking for the best No Income Verification in Miami, FL? Our local team specializes in helping Miami residents secure competitive financing. Whether you're buying in Brickell or Wynwood, we have the expertise to guide you.
Key Facts About No Income Verification
CMRE bank statement loans use 12 or 24 months of deposits instead of tax returns.
Bank statement loans from CMRE serve self-employed borrowers and business owners.
CMRE bank statement programs accept personal or business account statements.
Bank statement loans at CMRE offer loan amounts up to $5 million.
CMRE bank statement rates are competitive with traditional full-documentation programs.
CMRE is a high-volume Non-QM lender for No Income Verification.
CMRE offers 10+ documentation options for No Income Verification.
CMRE No Income Verification closes in 21-35 days.
Program Benefits
Ideal for self-employed individuals, entrepreneurs, and real estate investors.
Streamlined application process without extensive income documentation.
Competitive interest rates, starting at 7.5%.
Flexible qualification criteria for borrowers with unique financial profiles.
Purchase or refinance a primary residence or investment property.
Access loan amounts that align with your real estate goals.
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
- •Alternative documentation methods accepted (e.g., asset depletion, bank statements).
- •No traditional income verification required.
- •Demonstrate ability to repay the loan through alternative means.
Asset Verification
- •Verification of sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable asset types include savings accounts, investment accounts, and retirement funds.
- •Asset depletion options available for qualified borrowers.
Insurance & Title
- •Homeowner's insurance required to protect the property.
- •Flood insurance may be required depending on the property's location.
- •Proof of insurance coverage must be provided prior to closing.
Property Requirements
- •Minimum FICO score of 660 required.
- •Review of credit history to assess overall creditworthiness.
- •Recent bankruptcies or foreclosures may impact eligibility.
No Income Verification in Miami: The Complete Guide
What Is No Income Verification?
No Income Verification loans, also known as Non-QM loans, are designed for borrowers who may not qualify for traditional mortgages due to their income situation. These loans offer an alternative path to homeownership by focusing on other factors such as assets, credit history, and property value. They can be a great option for self-employed individuals, entrepreneurs, and those with fluctuating incomes.
Who Qualifies for No Income Verification?
- •Self-employed borrowers with strong cash flow but complex tax returns.
- •Real estate investors qualifying on rental income (DSCR) rather than personal income.
- •Foreign nationals and ITIN holders purchasing US property.
- •Borrowers with recent bankruptcy, foreclosure, or short sale.
- •Retirees and high-net-worth individuals qualifying on assets.
- •Commission-based, 1099, and gig economy workers.
CMRE Documentation Options for No Income Verification
- •Bank Statement: 12-24 months personal or business (residential + commercial).
- •P&L: CPA-prepared profit & loss for FHA and conventional.
- •VOE-Only: employer verification — no pay stubs, no tax returns.
- •DSCR: property rental income — zero personal income documentation.
- •Asset Depletion: liquid assets / 360 months = qualifying income.
- •Cross-collateral: leverage existing property equity.
Apply for No Income Verification with CMRE
- •Step 1: Describe your situation — CMRE identifies the best program.
- •Step 2: Gather program-specific docs (bank statements, P&L, 1099s, etc.).
- •Step 3: Pre-approval within 24-48 hours.
- •Step 4: Appraisal and processing.
- •Step 5: Close in 21-35 days with CMRE's dedicated Non-QM team.
Current Mortgage Rates
30-Year Fixed Rate
6%
as of 3/5/2026 · FRED
15-Year Fixed Rate
5.43%
as of 3/5/2026 · FRED
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →No Income Verification in Miami, FL
Miami's premier mortgage lender. Specialized in condo financing, foreign national loans, and jumbo mortgages. Custom Mortgage & Real Estate specializes in providing high-fidelity No Income Verification solutions tailored to the unique economic landscape of Miami and the surrounding Miami-Dade County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireMiami metropolitan area.
Service Areas & Neighborhoods
Our Miami Presence
Local Knowledge. Global Rates.
600 Brickell Ave
Miami, FL 33131
Direct Line
877-976-5669Common Questions About No Income Verification in Miami
What are current No Income Verification rates in Miami, FL?
No Income Verification rates in Miami depend on loan amount, credit profile, and property type. CMRE publishes updated Miami rate ranges daily and provides locked quotes within 24 hours of application.
How long does No Income Verification closing take in Miami?
CMRE typically closes No Income Verification loans in Miami within 21-30 days from application. Pre-approval takes 24 hours, and our FL-licensed team coordinates title, escrow, and appraisal concurrently to save time.
Can self-employed borrowers get No Income Verification in Miami?
Yes. CMRE No Income Verification programs serve self-employed Miami borrowers using 12-24 months of bank statements instead of tax returns. Business owners, freelancers, and gig workers in Miami-Dade County qualify under non-QM guidelines.
What documentation does No Income Verification require in Miami?
No Income Verification through CMRE requires alternative documentation instead of traditional tax returns. Options include bank statements, 1099 forms, asset verification, or profit & loss statements. Our Miami team guides you through the most favorable documentation path.
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 No Income Verification loan is a type of mortgage that does not require traditional income documentation, such as W-2s or pay stubs. Instead, lenders may use alternative methods to assess your ability to repay the loan, such as asset verification or bank statement analysis.
The main benefit is the ability to qualify for a mortgage without needing to provide extensive income documentation. This can be particularly helpful for self-employed individuals or those with non-traditional income streams.
Interest rates for No Income Verification loans may be slightly higher than traditional mortgages due to the increased risk for the lender. However, they can still be competitive, especially with a strong credit history and substantial assets. CMRE's rates start at 7.5%.
The minimum credit score for CMRE's No Income Verification loan program is 660.
No. Non-QM refers to documentation method, not credit quality. Fully regulated and compliant.
Varies: bank statement 660+, DSCR 660+, asset depletion 680+, recent credit event 620+.
Yes, 0.5%-2% higher than conventional. Tradeoff is flexibility for non-traditional qualification.
Yes. DSCR and bank statement are most popular for investors. No property count limit, LLC vesting available.
No Income Verification by Location
Get local rates, loan limits, and market data for No Income Verification in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
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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."
