Asset Utilization for Your Borrowers
Assets are an important part of a borrower’s overall financial portfolio. Through our proprietary product offering Maverick Solutions™, we offer asset utilization for your borrowers. This is a great offering for your borrowers who are looking to use available account assets as well as income to qualify for a Home Purchase or Refinance.
Key Features of our Asset Utilization Program Include:
- Available on Champion Prime Product
- 30-Year Term and Interest-Only Available
- Loan amounts up to $3,000,000
- Credit Scores Down to 700
- Max LTV 85%
- Non-Warrantable Condos Allowed
- Calculation Includes
o 100% of Checking, Savings, Money Market Assets
o 85% of Stocks, Bonds, Mutual Funds, CDs
o 80% of Eligible Retirement Assets
- Available for Primary, Second Home and Investment Purchases & R/T Refinances
- Must Be Used to Augment Other Verifiable Income
For more information contact us at 800–984-6830 or email us here.