Asset Utilization Loan
A Non-QM option for asset-rich borrowers.
An Asset Utilization loan helps brokers qualify borrowers using eligible liquid assets instead of traditional income documentation. It can be a strong fit for retirees, investors, entrepreneurs, and self-employed borrowers whose tax returns do not tell the full story.
- Minimum FICO as low as 660
- Loan amounts up to $3.5 million on select scenarios
- Up to 85% LTV on primary residence purchase and rate/term scenarios
- Qualify using eligible verified assets instead of traditional income
- No tax returns required
- Great option for retirees, investors, entrepreneurs, and asset-rich borrowers
- Helps borrowers qualify when tax returns do not tell the full story
Matrices:
