Asset Advantage Mortgage is a special product for qualified clients who might want to use alternative income documentation or need a quick closing date.  Asset Advantaged is not a “qualified mortgage” under Federal regulations.  Products like this are sometimes called “Non-QM.” Asset Advantage documentation could include 12 months of bank statements or asset portfolios. This type of financing is ideal for self-employed individuals who may find it challenging to qualify for traditional mortgage financing. Use our Asset Advantage loan to finance primary, second home and investment properties.

Features and Benefits

• Minimum credit score: 680 up to 740 based on loan amount
• Minimum down payment of 20-35% based on loan purpose and property type
• Maximum borrowing limit is $10,000,000 Purchase & Rate and Term Refinance; $5,000,000 Cash Out Refinance
• Term of loan: 30-year adjustable
• Loan-to-Value maximum: 70%
• No private mortgage insurance (PMI) required
• Competitive rates
• Free qualification
• Local decision making with fast approvals (often with 15 business days)
• Friendly, federally licensed mortgage consultants
• Personalized service
• Available in: PA, NY, NJ, CT, DC, DE, MA, RI and VA

Ready to get started? Contact one of our mortgage professionals who will help find the right loan for you.