Government
VA Purchase 100% Financing
The VA Purchase 100% Financing program from CMRE is designed to help eligible veterans and active-duty service members achieve their dream of homeownership with no down payment. Take advantage of this incredible opportunity and potentially secure a home loan starting at 6.25%. CMRE is committed to serving those who have served us.
Program Benefits
100% Financing: Purchase a home with no down payment required.
Competitive Interest Rates: Potentially secure a loan with rates starting at 6.25%.
No Private Mortgage Insurance (PMI): Save money each month without the added cost of PMI.
Streamlined Application Process: CMRE's expert team simplifies the loan process for veterans.
Flexible Credit Requirements: Approvals available with a minimum FICO score of 580.
Assumable Loan: In many cases, VA loans can be assumed by qualified buyers, potentially offering a valuable benefit when selling your home.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$100K - $2M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable and verifiable income history.
- •Debt-to-income ratio that meets VA guidelines.
- •Proof of sufficient income to cover mortgage payments, property taxes, and insurance.
Asset Verification
- •Sufficient funds to cover closing costs.
- •Verification of assets through bank statements or other documentation.
- •Demonstrate responsible financial management.
Insurance & Title
- •Proof of homeowner's insurance coverage.
- •Flood insurance may be required depending on the property's location.
- •VA requires properties to meet certain safety and habitability standards.
Property Requirements
- •Minimum FICO score of 580.
- •Demonstrate a history of responsible credit management.
- •No recent history of bankruptcy or foreclosure.
- •CMRE can help you understand and improve your credit score if needed.
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 VA funding fee is a one-time fee charged on VA loans. It helps to offset the cost of the loan program for taxpayers. The fee amount varies depending on the loan type, down payment amount, and whether it's your first time using a VA loan. Certain veterans may be exempt from the funding fee.
Yes, VA loans can be used to refinance existing mortgages. The VA offers both cash-out refinance loans and streamline refinance loans (IRRRLs). A cash-out refinance allows you to take out equity from your home, while a streamline refinance is a simplified process for lowering your interest rate.
VA loans can be used to purchase a variety of property types, including single-family homes, condominiums, and townhouses. The property must meet the VA's minimum property requirements, which ensure it is safe, sanitary, and structurally sound.
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."
