Our Asset Qualifier mortgage product gives homebuyers the ability to qualify for a mortgage using their assets. Buyers can use bank accounts such as checking, savings, retirement, and investment accounts such as stocks and mutual funds as well as others.
There is no requirement to be currently employed or retired. This unique loan product is solely based on using assets to qualify and no income or verification is required. Additional documentation may be required as determined by individual loan circumstances. Borrowers must have a minimum of $500,000 in assets after closing.
This loan option is another way we offer flexibility to our customers!
Available for purchase, rate-term or cash-out refinances
No employment, no income or DTI
5 years seasoning for foreclosure, short sale, or bankruptcy
Loans up to $3 million
Angel Oak Home Loans
Your full service lender offering loan options for a quick close!
Tags: Alt-A Mortgage Lenders, Alt-A Mortgage Lending, asset qualifier, conventional mortgage, covid, First-Time Homebuyers, mortgage lender, Mortgage Lending, Non-Prime Lending, non-QM, Traditional lending