ASSET BASED LOANS

Find Out if You Qualify

What is an Asset Based Loan?

An asset-based loan is calculated by adding up all the assets of a borrower as collateral. This total sum number is then divided by 84 months to calculate your ability to repay debt service for a mortgage.

What are eligible Asset types to qualify?

  1. Bank Deposits – checking, savings, money market accounts
  2. Publicly traded stocks and bonds
  3. Mutual Funds
  4. Retirement Accounts

Benefits of an Asset Based Loan?

  1. Minimum credit score 620
  2. Qualified based on verifiable liquid assets
  3. No Tax Return or 4506T required.
  4. Interest only option available
  5. Cash out allowed on refinance.
  6. Loan amounts up to $3 million.

To learn more about Asset Based Loans and how you can qualify

Questions?

Chat with our representatives today! We love to answer questions and help our client’s get prequalified today!

Ready to Get Started? Contact us today!