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Asset Based Mortgage : An Overview What are Asset Based Mortgage Programs? Asset-based mortgages go a different route and emphasize the value of the assets owned by an individual rather than focusing on the traditional markers of creditworthiness and financial stability. This enables the borrower pool to be more diverse and inclusive. Assets can include savings, investments and also cryptocurrencies. This shift in focus allows many potential homeowners to realize their dreams. +1 (877) 719-7923 2603, Camino Ramon STE 200 San Ramon, CA 94583 rerxmortgage.com/ info@rerxmortgage.com
The Role of Assets Traditional lending solutions disburse the loan amount depending on the income and creditworthiness of the borrower. However, asset-based mortgage programs primarily focus on the borrower’s assets. The liquidity and value of these assets are what decide the loan amount. +1 (877) 719-7923 2603, Camino Ramon STE 200 San Ramon, CA 94583 rerxmortgage.com/ info@rerxmortgage.com
Key Features Bank statement loans available for easier income verification. No W-2s required, making it ideal for the self-employed and retirees. Support for borrowers with irregular incomes or traditional income sources. Jumbo mortgage rates for larger loan amounts. Low mortgage rates for cost-effective financing. Fast loan approvals based on asset valuation. Eligibility Criteria 1. 2. 3. Minimum 599 FICO score. Lower Debt-to-Income Ratio (DTI) preferred. Comprehensive documentation of assets required. +1 (877) 719-7923 2603, Camino Ramon STE 200 San Ramon, CA 94583 rerxmortgage.com/ info@rerxmortgage.com
Why Choose ReRx Mortgage: Specialists in asset-based mortgage programs. Streamlined application process. Competitive rates for home loans. Personalized solutions tailored to individual asset portfolios. For more information and to start your renovation journey, visit ReRx Mortgage. +1 (877) 719-7923 2603, Camino Ramon STE 200 San Ramon, CA 94583 rerxmortgage.com/ info@rerxmortgage.com
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