This program is designed for:
High-net-worth borrowers
Retirees without steady income
Self-employed individuals
Investors with substantial savings
Borrowers with significant cash, stocks, or other liquid assets
Anyone who wants to qualify without tax returns or bank statements
Eligible liquid assets often include:
Checking and savings accounts
Money market accounts
Stocks, bonds, and mutual funds
Retirement accounts (401k, IRA)
Trust funds
Cash-value life insurance
Business assets (case-by-case)
Assets must be seasoned 60–90 days in most cases.
Lenders divide your total liquid assets by a specific term to determine a “monthly income”:
Common methods:
Assets / 120 months (10-year factor)
Assets / 84 months (7-year factor)
Assets / 360 months (30-year factor)
Different lenders use different formulas.
Example:
If you have $1,000,000 in assets and lender uses 120 months:
Qualifying Income = $1,000,000 / 120 = $8,333/mo
An asset-based loan or asset utilization loan utilizes assets as income. Whether you are a retiree with a small limited income, a new business, or an established company that needs to sustain a high cash flow, the ease, and benefits of asset-based loans and mortgages have made them a prevalent solution for borrowers in recent years.
Asset-based mortgages offer distinctive benefits.
If you have significant assets set aside, you may be a good prospect for an asset-based mortgage, using your liquid assets to qualify for a mortgage.
Rather than investing all your money in a home upfront and putting it at risk, we can help you get the mortgage required to use your liquid assets promptly. This will give them plenty of opportunity to keep compounding and grow your earnings. At the same time, you also invest in a home.
