Asset Based Loan

Asset Based Loan


Summary

Loan program based on your assets not your income!

Qualifications

Minimum Down Payment
20% of sales price
Minimum Credit Score
660
Max Debt-To-Income Ratio
50%
Non-Occupant Co-Borrower
Allowed
Mortgage Insurance
No
Eligible Property Types
Single family resident, 1-4 unit, PUD’s, townhouse, condo, non-warrantable condo, and condtels,
Loan Amount
$150,000 to $4,000,000
Reserves
110% of loan amount + 6-12 Months (based on loan amount)
Occupancy Type
Primary, Secondary, and Investment
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