Asset Qualifier Mortgage Program

Mortgage Solutions for Agency Fall-Out

Our Asset Qualifier Mortgage Program is one of our programs that can help your borrower realize the home of their dreams can be a reality. This program allows your borrower to qualify for larger loans using their liquid assets to qualify and does not require employment, income or debt to income to justify ability to repay their debt.

  • 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

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