Non-QM
WVOE Only Mortgages in San Jose, CA
Secure your WVOE Only Mortgages in San Jose with a lender who understands the local landscape. We serve all of Santa Clara County, including Almaden Valley and Evergreen, offering fast approvals and personalized service.
Key Facts About WVOE Only Mortgages
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 WVOE Only Mortgages.
CMRE offers 10+ documentation options for WVOE Only Mortgages.
CMRE WVOE Only Mortgages closes in 21-35 days.
Program Benefits
Simplified Qualification: Qualify using only your WVOE, eliminating the need for extensive tax returns.
Competitive Rates: Access attractive interest rates, starting at 7.5%, designed for Non-QM borrowers.
Higher Loan Amounts: Secure the financing you need with loan options tailored to your unique financial situation.
Flexible Terms: Choose from a variety of loan terms to fit your budget and financial goals.
Purchase or Refinance: Utilize WVOE Only Mortgages for both purchasing a new home or refinancing your existing mortgage.
Ideal for Self-Employed: Perfect for entrepreneurs, freelancers, and small business owners with unconventional income documentation.
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
Program Requirements
Income Documentation
- •Verification of Employment (WVOE) required.
- •Minimum of 2 years of employment history.
- •Stable and consistent employment is crucial.
- •Income should be sufficient to cover mortgage payments and other debts.
Asset Verification
- •Sufficient assets to cover down payment, closing costs, and reserves.
- •Acceptable asset types include savings accounts, checking accounts, and investment accounts.
- •Verification of funds is required through bank statements and other documentation.
- •Gift funds may be considered with proper documentation.
Insurance & Title
- •Homeowners insurance is required to protect the property.
- •Flood insurance may be required depending on the property's location.
- •Mortgage insurance may be required depending on the loan-to-value ratio.
Property Requirements
- •Minimum FICO score of 660 required.
- •A history of responsible credit use is essential.
- •No recent bankruptcies or foreclosures.
- •Late payments and collections may impact eligibility.
WVOE Only Mortgages in San Jose: The Complete Guide
What Is WVOE Only Mortgages?
A WVOE Only Mortgage is a type of Non-Qualified Mortgage (Non-QM) that allows borrowers to qualify for a home loan using only a Verification of Employment (WVOE) form instead of traditional income documentation like tax returns and pay stubs. This is particularly beneficial for self-employed individuals, freelancers, and entrepreneurs who may have difficulty providing traditional income verification.
Who Qualifies for WVOE Only Mortgages?
- •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 WVOE Only Mortgages
- •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 WVOE Only Mortgages 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 →WVOE Only Mortgages in San Jose, CA
San Jose mortgage lending for Silicon Valley homebuyers. Jumbo, conventional, and Non-QM programs. Custom Mortgage & Real Estate specializes in providing high-fidelity WVOE Only Mortgages solutions tailored to the unique economic landscape of San Jose and the surrounding Santa Clara County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireSan Jose metropolitan area.
Service Areas & Neighborhoods
Our San Jose Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Common Questions About WVOE Only Mortgages in San Jose
What are current WVOE Only Mortgages rates in San Jose, CA?
WVOE Only Mortgages rates in San Jose depend on loan amount, credit profile, and property type. CMRE publishes updated San Jose rate ranges daily and provides locked quotes within 24 hours of application.
How long does WVOE Only Mortgages closing take in San Jose?
CMRE typically closes WVOE Only Mortgages loans in San Jose 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 WVOE Only Mortgages in San Jose?
Yes. CMRE WVOE Only Mortgages programs serve self-employed San Jose borrowers using 12-24 months of bank statements instead of tax returns. Business owners, freelancers, and gig workers in Santa Clara County qualify under non-QM guidelines.
What documentation does WVOE Only Mortgages require in San Jose?
WVOE Only Mortgages through CMRE requires alternative documentation instead of traditional tax returns. Options include bank statements, 1099 forms, asset verification, or profit & loss statements. Our San Jose 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
WVOE stands for Verification of Employment. It's a form completed by your employer that verifies your employment status, job title, and income. It serves as an alternative to traditional income documentation for mortgage approval.
The primary advantage is simplified qualification. You don't need to provide extensive tax returns or other income documents. This makes it easier for self-employed individuals and others with non-traditional income to get approved for a mortgage.
Interest rates for WVOE Only Mortgages typically start at 7.5%, but can vary depending on your credit score, loan-to-value ratio, and other factors. Contact us for a personalized rate quote.
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.
21-35 days with dedicated Non-QM underwriting team. Pre-approval in 48 hours.
WVOE Only Mortgages by Location
Get local rates, loan limits, and market data for WVOE Only Mortgages in your area.
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View county-level market data, loan limits, and mortgage rates on our territory pages.
Browse All Territories →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."
