Non-QM
No Ratio DSCR in Irvine, CA
Secure your No Ratio DSCR in Irvine with a lender who understands the local landscape. We serve all of Orange County, including Northwood and Turtle Rock, offering fast approvals and personalized service.
Key Facts About No Ratio DSCR
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 Ratio DSCR.
CMRE offers 10+ documentation options for No Ratio DSCR.
CMRE No Ratio DSCR closes in 21-35 days.
Program Benefits
Qualify based on the property's Debt Service Coverage Ratio (DSCR), not your personal income.
Ideal for self-employed individuals, real estate investors, and those with complex income situations.
Streamlined application process with minimal documentation requirements.
Competitive rates starting at 7.5% to maximize your investment returns.
Access loan amounts tailored to your investment needs.
Flexible terms and options to align with your investment strategy.
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
- 2-4 Unit Properties
Program Requirements
Income Documentation
- •Personal income documentation is not the primary factor for qualification.
- •Focus is on the property's ability to generate sufficient rental income to cover mortgage payments.
- •Bank statements may be required to verify asset reserves.
Asset Verification
- •Sufficient reserves to cover several months of mortgage payments, taxes, and insurance.
- •Verification of down payment funds.
- •Clear and verifiable asset documentation is required.
Insurance & Title
- •Hazard insurance to protect the property against damage or loss.
- •Liability insurance to cover potential legal claims.
- •Flood insurance may be required depending on the property's location.
Property Requirements
- •Minimum FICO score of 660.
- •Review of credit history to assess overall creditworthiness.
- •Favorable consideration for borrowers with a history of responsible credit management.
No Ratio DSCR in Irvine: The Complete Guide
What Is No Ratio DSCR?
DSCR is a key metric used to evaluate the property's ability to cover its debt obligations. It's calculated by dividing the property's net operating income (NOI) by its total debt service (including principal, interest, taxes, and insurance). A DSCR greater than 1 indicates that the property generates enough income to cover its debts, while a DSCR less than 1 suggests that the property may struggle to meet its financial obligations. With CMRE's No Ratio DSCR loan, we primarily focus on the potential of the property's cash flow.
Who Qualifies for No Ratio DSCR?
- •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 Ratio DSCR
- •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 Ratio DSCR 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 Ratio DSCR in Irvine, CA
Irvine mortgage loans for Orange County homebuyers. Jumbo and conventional programs for South OC. Custom Mortgage & Real Estate specializes in providing high-fidelity No Ratio DSCR solutions tailored to the unique economic landscape of Irvine and the surrounding Orange County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireIrvine metropolitan area.
Service Areas & Neighborhoods
Our Irvine Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About No Ratio DSCR in Irvine
What are current No Ratio DSCR rates in Irvine, CA?
No Ratio DSCR rates in Irvine depend on loan amount, credit profile, and property type. CMRE publishes updated Irvine rate ranges daily and provides locked quotes within 24 hours of application.
How long does No Ratio DSCR closing take in Irvine?
CMRE typically closes No Ratio DSCR loans in Irvine within 21-30 days from application. Pre-approval takes 24 hours, and our CA-licensed team coordinates title, escrow, and appraisal concurrently to save time.
Can self-employed borrowers get No Ratio DSCR in Irvine?
Yes. CMRE No Ratio DSCR programs serve self-employed Irvine borrowers using 12-24 months of bank statements instead of tax returns. Business owners, freelancers, and gig workers in Orange County qualify under non-QM guidelines.
What documentation does No Ratio DSCR require in Irvine?
No Ratio DSCR through CMRE requires alternative documentation instead of traditional tax returns. Options include bank statements, 1099 forms, asset verification, or profit & loss statements. Our Irvine 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 Ratio DSCR loan is a type of Non-QM loan that allows you to qualify based on the property's cash flow, rather than your personal income. This is determined by the property's Debt Service Coverage Ratio (DSCR).
The primary benefit is the ability to qualify without extensive personal income documentation. This makes it easier for self-employed individuals and real estate investors to obtain financing.
The minimum FICO score required is 660.
The maximum LTV is 80%.
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 Ratio DSCR by Location
Get local rates, loan limits, and market data for No Ratio DSCR in your area.
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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."
