Asset Qualifier Program

Mortgage Solutions for Agency Fall-Out

  • Rates starting in the 5’s
  • No employment, no income, no DTI
  • Up to 75% LTV
  • 5 Years seasoning foreclosure, short sale or bankruptcy
  • Loans up to $3 million (minimum loan $150,000)
  • Credit scores 700 or higher
  • Primary residence, purchase only
  • Interest only program available
  • 5/1 ARM or 30-year fixed
  • Non-Warrantable condos considered
  • All assets must be sourced and seasoned for a minimum of 12 months
  • Required assets: (borrowers must have at least $500,000 in post-closing assets.)
    • Loan amount
    • Recurring monthly debt multiplied by 60 months
    • Funds to close and 6 months reserves

 

Contact your non-agency specialist today!

info@angeloakms.com
t: 855-539-4910

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