Answer: An Asset Qualifier loan may be the right solution when your borrower has significant liquid assets but limited qualifying income. Eligible borrowers may qualify using assets instead of traditional employment income, subject to program guidelines.
This program is commonly used for retirees, high-net-worth individuals, or borrowers whose financial strength isn’t reflected through traditional employment income.
Eligible assets may include checking, savings, brokerage, and certain retirement accounts, depending on the program. Before structuring the loan, review the asset documentation requirements and current guidelines to determine eligibility.
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