Have High Liquid Assets but Low/No Income? No Problem!

 

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ASSET BASED LENDING AFTER QM (Qualified Mortgage Rule)

Just sell a business? Are You Retired? Win the lottery? Still working but don’t have enough income to qualify?

 

We have a Solution For You !

PORTFOLIO ASSET INCOME PROGRAM

An Asset Income loan is designed for your borrower(s)who have a high net-worth, accumulated significant liquid assets and may use those assets,in addition to verified household income,to repay mortgage debt

FEATURES & BENEFITS INCLUDE:

 

Allows Borrowers to use liquid assets in addition to their verified income to qualify for a mortgage

  •  Purchase, Rate & Term & Cash Out
  • Loan Amounts to $4,000,000, case by case higher
  • Cash Out to $3,500,000
  • 740 minimumfor primary borrower and co-borrower
  • Owner-Occupied 1-2 unit and 2ndhomes.
  • LTVs to 70%
  • Debt-to-Income Ratio to 45%
  • 3/1, 5/1, 7/1 & 10/1 Programs available
  • Minimum $1 Million in Qualified Liquid Assets
  • Available in 46 States ( excl LA, AL, MS, AR )

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