Asset Utilization Program

Asset utilization is a mortgage program for those borrowers who do not have traditional income but have lots of money in the bank. Those liquid assets are what we use to qualify our borrowers for a mortgage loan. Borrowers do not need qualifying personal income to use this asset utilization program, sometimes called the asset depletion mortgage program.

Program Highlights

Non-Perm Loans Up to 80% LTV: Our program allows for non-permanent loans with a loan-to-value ratio of up to 80%.
Unlimited Cash-in-Hand: Enjoy the freedom of unlimited cash-in-hand.
Cash-Out for Reserves: Use cash-out options to bolster your reserves.
Diverse Property Types: Our program supports a variety of property types, including single-family residences (SFR), condotels, condos, and 2-4 unit properties, offering you a wide range of investment opportunities.
No Tradeline Requirement with 3 Credit Scores: We eliminate the need for tradeline requirements, provided you have three credit scores.
Asset Utilization: We allow 100% utilization of checking, savings, and money market accounts, 70% of stocks, bonds, and mutual funds, and up to 70% of retirement assets. These assets are divided by 84, providing a comprehensive approach to asset utilization.

Our Asset Utilization Program is just one of the many Non-QM programs we offer our investors. Contact us to learn more about our asset utilization mortgage program. assets.

Fast Quote