Non-Traditional Financing

Non-Traditional Financing

Custom Made Mortgages LLC Exceptional Non-Traditional Financing Mortgage Solutions

Custom Made Mortgages LLC offers tailored solutions to help you secure the right mortgage, even if your income or financial situation doesn’t fit traditional lending standards. Our experts specialise in non-traditional financing, assisting borrowers whose income structure falls outside conventional criteria. We understand complex financial situations and create personalised mortgage options to help you succeed. Our goal is to make the process simple, clear, and stress-free—turning your dream of home-ownership into reality

Below are a few of some reasons one should choose non-traditional financing.

  • These loans are suitable for the borrowers even with the less conventional income streams or complex income documentation.
  • Besides traditional tax returns, these loans enable you to opt for alternative income verification methods. 
  • These loans suit you even if your financial profile falls outside conventional guidelines. It brings solutions to past credit events or unique property types.
  • Besides the traditional income, the qualification is based on significant assets.

Non-Traditional Financing

How Custom Made Mortgages LLC meets your needs?

  • Cash-Out Refinance: Potentially access cash from your home’s equity to manage debt, fund home improvements, or cover other major expenses.

  • Rate and Term Refinance: Adjust your mortgage rate or loan term without taking out additional cash. This may be suitable for modifying monthly payments or adjusting your loan term.

  • FHA Streamline Refinance: Available for current FHA loan holders, this refinancing option may offer streamlined documentation requirements and potentially faster processing.

  • VA Streamline Refinance: For current VA loan holders, this option may allow you to refinancing without an appraisal or certain income verification, potentially simplifying the process.

The Benefits of Refinancing with Custom Made Mortgages LLC:

  • Guidance and Options: We take the time to explain your options and help you choose a suitable refinancing solution.

  • Competitive Rates: We work with a range of lenders to help you find competitive rates for your refinance.

  • Personalized Solutions: Our team will tailor your refinance strategy to align with your specific financial goals.

Non-Traditional Financing

Custom Made Mortgages LLC - Your way to Excel in Non Traditional Financing

Cash-Out Refinance:

A cash-out refinance allows you to potentially access cash from your home’s equity by replacing your current mortgage with a new loan that is more than the amount owed. This option can help you manage major expenses like college tuition, debt, or home improvements.

Appraised property value may affect the loan amount.

Rate and Term Refinance:
Typically, adjustable-rate mortgages offer introductory rates and payments that can change periodically after the initial fixed-rate period. An ARM might be a consideration for you if you plan on staying in your home for a shorter duration, anticipate a future income adjustment, or if the current interest rate on a fixed-rate mortgage is a factor.

FHA Streamline Refinance: 
Fixed-rate mortgages offer protection against rising rates since the interest rate remains the same for the entire term of the loan.