Government
USDA Home Improvement
Dreaming of upgrading your home but worried about financing? The USDA Home Improvement loan, offered by CMRE, can help you achieve your renovation goals. With competitive rates starting at 6.25% and flexible qualification requirements, this government-backed program makes home improvements accessible to eligible rural homeowners.
Program Benefits
Low interest rates starting at 6.25% make your home improvement project affordable.
Finance essential repairs and upgrades to improve your home's safety and value.
Lower down payment options compared to conventional home improvement loans.
Flexible qualification requirements, making homeownership accessible to more borrowers.
Government-backed security ensures a stable and reliable loan program.
Improve your home's energy efficiency and reduce your utility bills with eligible upgrades.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
50%
Loan Amount Range
Varies based on project scope and borrower qualifications
Amortization Options
Eligible Properties
- Single Family Residence
- Townhouse
Program Requirements
Income Documentation
- •Stable and verifiable income history.
- •Income must meet USDA guidelines for your specific area.
- •Household income cannot exceed the established limits for your county.
- •Proof of income, such as pay stubs and tax returns, will be required.
Asset Verification
- •Demonstrate sufficient funds for closing costs and any required down payment.
- •Assets may include savings accounts, investment accounts, and other liquid assets.
- •Gift funds from eligible sources may be considered.
- •Provide documentation of all assets, such as bank statements.
Insurance & Title
- •Maintain adequate homeowners insurance coverage throughout the loan term.
- •Flood insurance may be required if the property is located in a flood zone.
- •Proof of insurance must be provided to the lender.
- •Coverage must meet the minimum requirements set by the USDA.
Property Requirements
- •Minimum FICO score of 580 required.
- •A credit history demonstrating responsible financial behavior.
- •Limited or no history of late payments or defaults.
- •Derogatory credit events may require additional documentation and explanation.
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
The maximum loan amount varies based on your individual circumstances, the scope of your project, and USDA guidelines. Contact CMRE to discuss your specific needs and determine the loan amount you may be eligible for.
Income limits vary by county and household size. Check the USDA website or contact CMRE to determine the income limits for your area.
No, USDA Home Improvement loans are specifically for financing home improvements and cannot be used to refinance an existing mortgage.
Yes, properties must be located in eligible rural areas as defined by the USDA. You can check the USDA website to see if your property qualifies.
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."
