Asset Utilization
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The Asset Utilization Program is intended for high net-worth borrowers who may not have a steady W-2 or 1099 income stream but hold substantial liquid assets. The lender calculates a notional “income” by dividing eligible assets over a certain number of months, allowing the borrower to qualify based on assets rather than traditional earnings.

Key Features:

  • No tradeline requirement w/ 3 credit scores
  • Non-perm up to 80% LTV
  • Unlimited cash-in-hand
  • SFR, condotels, condos, studios, 2-4
  • Loan amounts up to $3.5m
  • Loan amounts up to $5m for preferred brokers
  • 100% of checking, savings, money market
  • 70% of stocks, bonds, mutual funds