Non-QM
Stated Income Loans in Suwanee, GA
What is a Stated Income Loans? Stated Income Loans is a specialized mortgage solution offered by CMRE for real estate financing. This program provides tailored terms, flexible underwriting, and expedited closing timelines to meet the unique needs of property buyers and investors in Suwanee, GA.
Custom Mortgage arranges Stated Income Loans financing in Suwanee, GA and across Gwinnett County. Gwinnett County's 2026 FHFA conforming loan limit is $832,750 for a one-unit home and $1,601,750 for four units. Census ACS 2024 data puts the median owner-occupied home value in Gwinnett County at $380,900, $451,850 below that one-unit limit.
Median household income there is $87,890 and 66% of homes are owner-occupied (Census ACS 2024). Median gross rent in Gwinnett County is $1,810 a month (Census ACS 2024), and HUD's FY2025 Fair Market Rent for a two-bedroom is $1,558.
Key Facts About Stated Income Loans
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 Stated Income Loans.
CMRE offers 10+ documentation options for Stated Income Loans.
CMRE Stated Income Loans closes in 21-35 days.
Program Benefits
Simplified Qualification: Qualify based on your business's financial potential, not just personal income.
Ideal for Self-Employed: Perfect for entrepreneurs and freelancers with complex income streams.
Faster Closing Times: Experience a quicker approval process compared to traditional mortgages.
Competitive Rates: Access competitive interest rates designed for your unique financial situation.
Increased Purchasing Power: Maximize your borrowing potential with our flexible lending criteria.
Investment Opportunities: Expand your real estate portfolio with ease, utilizing Stated Income Loans for investment properties.
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
- Multi-Family (1-4 Units)
Program Requirements
Income Documentation
- •Demonstrate sufficient cash flow from your business to cover mortgage payments.
- •Provide documentation to support business operations and revenue generation.
- •A minimum of two years of business operation is typically required.
- •Provide a strong business plan outlining future growth and stability.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Verification of asset ownership and liquidity.
- •Acceptable asset types include savings accounts, investment accounts, and real estate holdings.
- •May require higher down payment depending on loan to value.
Insurance & Title
- •Homeowner's insurance policy to protect the property.
- •Flood insurance if the property is located in a flood zone.
- •Title insurance to protect against title defects.
- •Proof of insurance is required at closing.
Property Requirements
- •Minimum FICO score of 660.
- •Review of credit history to assess creditworthiness.
- •Demonstrate a history of responsible credit management.
- •May require a higher down payment for lower credit scores.
Stated Income Loans in Suwanee: The Complete Guide
What Is Stated Income Loans?
Stated Income Loans, also known as Alternative Income Verification loans, offer a unique lending solution for borrowers who may not qualify for traditional mortgages due to unconventional income documentation. Instead of relying on W-2s and pay stubs, these loans consider the borrower's stated income and the potential of their business to repay the loan. This makes them a popular choice for self-employed individuals, entrepreneurs, and business owners who have difficulty providing standard income verification.
Who Qualifies for Stated Income Loans?
- •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 Stated Income Loans
- •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 Stated Income Loans 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.
National Rate Index (Freddie Mac PMMS)
30-Year Fixed Rate
7.18%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Est. Monthly Payment in Gwinnett County
$2,249/mo
Based on $415,000 median · 20% down · P&I only
15-Year Fixed Rate
6.57%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Est. Monthly Payment in Gwinnett County
$2,905/mo
Based on $415,000 median · 20% down · P&I only
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Market-data snapshots: FHFA 2026 (live); HUD FY2025 (bundled); Census ACS 2024 (bundled).
Gwinnett County at a glance
- Conforming loan limit (1 unit)
- $832,750
- Source: FHFA, 2026
- Conforming loan limit (4 units)
- $1,601,750
- Source: FHFA, 2026
- Median owner-occupied home value
- $380,900
- Source: Census ACS 5-year, 2024
- Median household income
- $87,890
- Source: Census ACS 5-year, 2024
- Owner-occupied homes
- 66%
- Source: Census ACS 5-year, 2024
- Median gross rent
- $1,810
- Source: Census ACS 5-year, 2024
- Home value to income ratio
- 4.3
- Source: Census ACS 5-year (computed), 2024
- Fair Market Rent (2 bedroom)
- $1,558
- Source: HUD, FY2025
Market Snapshot: Gwinnett County
Source: Redfin · 2026-01-31Median Sale Price
$415,000
Median List Price
$448,000
Price / Sq Ft
$177.188
Days on Market
68
Active Listings
2,855
Homes Sold
592
Sale-to-List Ratio
97.2%
2026 Conforming Loan Limits: GWINNETT
1-Unit (SFR)
$832,750
2-Unit (Duplex)
$1,066,250
3-Unit (Triplex)
$1,288,800
4-Unit (Fourplex)
$1,601,750
Source: FHFA 2026 Conforming Loan Limits. Loans above these limits require jumbo financing.
DSCR Coverage — Gwinnett County, GA
HUD FY2025 Fair Market RentsHUD Fair Market Rents represent the estimated 40th percentile gross rent for standard units in Gwinnett County. At a 8.7% DSCR benchmark rate with a 1.0× coverage ratio, each bedroom type below supports the following maximum financing.
Studio
HUD Rent
$1,149/mo
Max Financing
$146,986
1 Bedroom
HUD Rent
$1,318/mo
Max Financing
$168,606
2 Bedroom
HUD Rent
$1,558/mo
Max Financing
$199,308
3 Bedroom
HUD Rent
$2,022/mo
Max Financing
$258,665
4 Bedroom
HUD Rent
$2,308/mo
Max Financing
$295,252
Max financing calculated at 1.0× DSCR, 30-year amortization, 8.7% annual rate. Actual DSCR qualification depends on property expenses, vacancy, and lender overlays. Contact CMRE for a property-specific DSCR analysis.
Stated Income Loans in Suwanee, GA
Gwinnett County is the most economically diverse county in metro Atlanta, and its real estate market reflects that heterogeneity across price points, property types, and buyer demographics. The median sale price of $415,000 is down a modest 1.2% year-over-year against a backdrop of 2,855 active listings and a 68-day average days on market — considerably faster than neighboring Cobb or Fulton. The 97.2% sale-to-list ratio indicates that pricing discipline is intact and transactions are occurring near full asking price.
Gwinnett's housing stock ranges from entry-level townhomes in Lawrenceville to luxury single-family estates in Peachtree Corners and Johns Creek, which means the product coverage we need spans FHA at the low end, conventional in the mid-market, and jumbo for the premium neighborhoods. The county's significant immigrant and first-generation homebuyer population makes it one of the most multilingual real estate markets in the Southeast — we have loan officers fluent in Mandarin, Korean, Hindi, and Spanish specifically to serve this community.
Gwinnett County has one of the most diverse borrower profiles we serve anywhere in the country. The county's large Korean-American, South Asian, and Hispanic communities generate substantial non-QM, ITIN, and alternative documentation loan activity alongside conventional and FHA volume. Tech workers from the technology corridor along Georgia 400, healthcare professionals, and small business owners round out a borrower mix that requires a versatile product shelf and culturally fluent loan officers.
Explore ITIN and alternative documentation programs early if your income or residency status is non-standard — Gwinnett's borrower diversity makes our non-QM product suite consistently the right tool for this market.
Service Areas & Neighborhoods
Our Suwanee Presence
Local Knowledge. Global Rates.
3344 Peachtree Rd
Atlanta, GA 30326
Direct Line
877-976-5669Application 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
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Get Your Numbers
Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Freddie Mac 30-yr average, week of Apr 19, 2026. Not a quote.
Principal & Interest Only
Common Questions About Stated Income Loans in Suwanee
The latest available national 30-year fixed observation was 7.18% (Freddie Mac PMMS, week of 11/5/2026). Stated Income Loans rates in Suwanee vary by loan amount, LTV, and credit profile — CMRE can issue a pre-approval within 24 hours of a complete application.
Timelines depend on the program, appraisal, and title: conventional purchases typically close in 14–21 days, and hard money loans can fund in as few as 7 business days. The Gwinnett County market has seen home prices fall 1.2% year-over-year — buyers currently have more leverage, but rate locks still protect you from market moves.
Yes. CMRE Stated Income Loans programs serve self-employed Suwanee borrowers using 12-24 months of bank statements instead of tax returns. Business owners, freelancers, and gig workers in Gwinnett County qualify under non-QM guidelines.
Stated Income Loans through CMRE requires alternative documentation instead of traditional tax returns. Options include bank statements, 1099 forms, asset verification, or profit & loss statements. Our Suwanee team guides you through the most favorable documentation path.
See all Stated Income Loans questions and program details
Stated Income Loans by Location
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Browse All Territories →Reviewed by Eve Sanchez, Chief Compliance Officer · Updated 2026-11-04 · Custom Mortgage Inc., NMLS #1556995
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."
