Residential
Zero Down Conventional
Dreaming of homeownership but worried about the down payment? CMRE's Zero Down Conventional loan program makes your dream a reality. With rates starting at 6.875% and flexible qualification requirements, you can purchase your dream home without depleting your savings.
Program Benefits
Purchase a home with no down payment, preserving your savings for other investments or expenses.
Enjoy competitive interest rates, starting at 6.875%, for predictable monthly payments.
Potentially avoid private mortgage insurance (PMI) with strategic loan structuring.
Build equity faster by owning your home outright from day one.
Benefit from the stability and security of a conventional mortgage.
Access a wide range of eligible properties, including single-family homes and condos.
Program Highlights
Max LTV
97%
Min Credit Score
620
Max DTI
50%
Loan Amount Range
$100K - $2M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable and verifiable income through pay stubs, W-2s, or tax returns.
- •Sufficient income to comfortably afford monthly mortgage payments, property taxes, and homeowners insurance.
- •Consistent employment history demonstrating financial stability.
- •Debt-to-income ratio that aligns with program guidelines.
Asset Verification
- •Demonstrate sufficient assets to cover closing costs and reserves.
- •Reserves may include savings accounts, checking accounts, and investment accounts.
- •Gift funds from eligible sources may be considered for closing costs.
Insurance & Title
- •Homeowners insurance policy to protect against property damage or loss.
- •Flood insurance may be required depending on the property's location.
- •Title insurance to protect against title defects or disputes.
Property Requirements
- •Minimum FICO score of 620 or higher.
- •A clean credit history with no major derogatory marks, such as bankruptcies or foreclosures, in the recent past.
- •Demonstrated responsible credit management through on-time payments and low credit utilization.
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 minimum FICO score typically required for a Zero Down Conventional loan is 620.
The maximum LTV for our Zero Down Conventional loan program is 97%.
The Zero Down Conventional loan can be used to purchase a variety of property types, including single-family homes, condos, and townhouses. However, the property must be your primary residence.
While PMI is traditionally required on conventional loans with less than a 20% down payment, strategic loan structuring may allow you to avoid PMI with our Zero Down Conventional program. Consult with a CMRE loan officer for details.
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."
