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Asset Utilization Jumbo

No W2? No problem. Qualify for your home purchase or refinance using your liquid assets. This loan program is specifically designed for moderate to high net-worth borrowers. Qualifying calculation based on verified liquid assets as an alternative method to traditional income verification to determine borrower’s ATR “ability to repay”.

Mortgage Program Highlights for Asset Utilization Jumbo Mortgages

  • Loan amounts up to $3.5 million
  • No W2, tax returns or pay stubs required
  • 40 year fixed with a 10 year interest only payment available
  • 2-8 unit mixed-use properties are eligible
  • Min 660 FICO to qualify
  • Max LTV up to 80%
  • Minimum mortgage amount is $350,000
Mortgage amounts vary based on LTV, Credit, and overall creditworthiness*
More reserves will be required for mortgage amounts over $1,000,000.00**