Asset Qualifier Home Mortgages
Welcome to Capital Home Mortgage, where we strive to provide asset rich homebuyers and homeowners alternative options to purchase, refinance, or cash out home loans. Asset Qualifier Home Mortgages are specialized loans designed for borrowers with significant liquid or marketable assets who may not have traditional income documentation to qualify. These loans are ideal for retirees, high-net-worth individuals, or self-employed borrowers with substantial savings or investments but limited taxable income.
Capital Home Mortgage can guide clients through this non-traditional mortgage path, offering individualized solutions. Our extensive experience and dedication to customer service make us a dependable option for Non-QM loans.
Call today (800) 804-5181 to speak to a Asset Qualifier Mortgage Specialist.
Asset Qualifier Mortgage Loans
The Asset Qualifier loan program is for borrower’s to qualify using their liquid assets. No employment, income or DTI is required to justify ability-to-repay. Borrower to qualify based on required assets that meet seasoning requirements. Designed to help retirees, self-employed, and other borrowers with required seasoned assets to purchase or refinance.
Asset Qualifier Key Points
- Purchase, Rate & Term, Cash-Out
- Primary Residence Only
- No Employment, No Income, No DTI
- Minimum Credit 700
- Maximum LTV 75%
- 12 or 24 Months Business or Personal Bank Statements
- Rates are 30-year fixed
- Interest Only Options
- All Assets Sourced and 6 Month Seasoned
- 500K Required in Post Closing Assets
- Five Year Seasoning Foreclosures / Bankruptcy
- Minimum Loan 250K / Maximum Loan 3M
Key Features of Asset Qualifier Home Mortgages
Overview of Asset Qualifier Home Loans
- Income Qualification through Assets: Borrowers qualify based on their liquid assets, such as cash, stocks, bonds, or retirement accounts, rather than employment income or tax returns.
- No Traditional Income Requirements: Tax returns, W-2s, and pay stubs are not required.
- Eligibility is determined by the borrower’s financial strength and available assets.
- Loan Purpose:Suitable for purchasing primary residences, second homes, investment properties.
- Refinancing options are also available.Loan to Value Ratios (LTV): High loan limits, including jumbo loans, make this option suitable for luxury housing markets.
- Interest Rates: Rates may be higher than traditional loans but remain competitive for borrowers with strong asset portfolios.
Eligibility Requirements of Asset Qualifier Home Loans
- Asset Verification: Borrowers must provide statements for qualifying assets, such as: Liquid assets (checking/savings accounts, money market accounts); Marketable securities (stocks, bonds, mutual funds); Retirement accounts (401(k), IRA, etc.)—a portion may be used for qualification.
- Asset Sufficiency: Lenders typically require assets to cover 60-84 months of mortgage payments, including principal, interest, taxes, and insurance.
- Down Payment: Minimum 20-30% is required for purchase loans. Refinancing may require a similar level of equity.
- Credit Score: A minimum credit score of 680 is standard, though stronger credit profiles receive better terms.Debt-to-Income (DTI) Ratio: DTI is often bypassed since income is not the qualifying factor. Instead, asset sufficiency determines eligibility.
Advantages of Asset Qualifier Loans
- Flexible Qualification: Perfect for individuals with high assets but low or irregular income.
- Access to High Loan Amounts: Suitable for high-cost housing market.
- Streamlined Documentation: Simplifies the process for borrowers with complex finances or non-traditional income sources.
- Property Flexibility: Applicable to primary residences, vacation homes, and investment properties.
- Debt-to-Income (DTI) Ratio: DTI is often bypassed since income is not the qualifying factor. Instead, asset sufficiency determines eligibility.
Qualifying of Asset Qualifier Home Loans
- Initial Consultation: Borrowers provide an overview of their assets and loan goals.
- Asset Review: Lenders analyze liquid and marketable assets to ensure sufficient reserves for loan qualification.
- Application: Submission of required documentation, including asset statements and property details.
- Approval: Underwriting evaluates asset sufficiency, credit profile, and property value.
- Closing: Borrowers finalize the loan with funds for the down payment and closing costs.
Who Should Consider Asset Qualifier Home Loans
- Retirees: Individuals with substantial retirement savings but little regular income.
- High-Net-Worth Individuals: Borrowers with significant liquid or marketable assets who wish to avoid traditional income verification.
- Self-Employed Borrowers: Entrepreneurs with irregular income patterns or complex tax filings.
- Luxury Property Buyers: Those purchasing high-value homes in competitive markets.
- Real Estate Investors: Borrowers expanding their portfolio using asset-based qualification
Asset Qualifier Mortgage Rates
Interests rates are calculated using several factors. Depending on the type of mortgage you are looking at and the impact of the items below can determine the interest rates.
- Demand for Mortgage Securities
- Property Securing the Mortgage
- Occupancy of the Property
- Loan to Value of the Property
- Borrower’s Credit Worthiness
Why Homeowners Choose Capital Home Mortgage
Close On Time
Complete Control from Application to Funding
Low Rates & Low Fees
Direct Lender with Competitive Rates & Fees
Exceptional Service
7 Day a Week Support Application to Final Payment
Capital Home Mortgage Company Reviews
Home Mortgage Programs
Home Purchase loans
Looking to Purchase a Home?
Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
- Primary, 2nd Home, Investment
- Low Rates & Fees, No fee Options
- FHA, VA, USDA, Native American
- Conventional, Jumbo & Renovation
- Manufactured, Construction, Reverse
Renovation Home Loans
Looking to Rehab a Home?
Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
- Remodel, Renovate or Repairs
- FHA 203K Streamline
- FHA Full Documentation Rehab
- Fannie Mae Homestyle Reno
- Freddie Mac Home Choice Reno
FHA Home loans
Great 1st Time Homebuyers
FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket. Call today to get started.
- Smaller Down Payments
- Flexible Underwriting Guidelines
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Down Payment Gifts Allowed
va Home Loans
100% Financing for Vets
Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
- No Mortgage Loan Limits
- Simple Qualifying
- Higher Debt to Income Allowed
- Lower Credit Scores – Down to 500
- Manual Underwriting Allowed
Conventional Home loans
Flexibility for Homebuyers
Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
- Primary, 2nd Home, Investment
- Single and Multi-Family Properties
- Variable Mortgage Insurance Options
- Low Rates & a Variety of Terms
- Renovation Programs Available
Jumbo Home Loans
Non-Conforming Home Loans
Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
- Primary & 2nd Homes
- Variety of Mortgage Programs
- Simple Qualifying for Veterans
- Investor Specific Guidelines
- Credit Score Minimums
USDA Home loans
100% Rural Home Loans
USDA Loans are a great option for families wanting to live outside of the city. Call today to speak with a loan officer to discuss your personal loan options.
- Primary Residences
- No Down Payment Required
- New Manufactured Homes Allowed
- Closing Costs / Repairs Rolled In
- Geographic and Income Limits Apply
Native american Home Loans
Hud 184 Home Loans
HUD 184 Home Loans are solely for Native American and offer a variety of benefits. Call today to speak with a loan officer to find out more.
- Primary Residence Only
- Manual Underwriting for All Loans
- No Credit Score Requirements
- Tribal Grants Allowed
- Purchase, Refinance, and Renovation
Manufactured Home loans
Great Alternative Housing
Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
- Existing Purchase or Refinance
- New Construction
- One Time Close Land/Home Combo
- Lock at Contract
- FHA, VA, USDA, Native American
Reverse Mortgage Loans
Your Home at Work
Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
- Primary Residence Only
- Simple Qualifying – Equity Based
- No Credit Score Requirements
- Minimum Age 62
- Purchase, Refinance, and Cash-Out
Non QM Home loans
Making Mortgages Possible
Looking for Non Traditional Home Mortgage Loan? Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
- Purchase, Refinance & Cash-out
- Primary, Secondary, Investment
- Full Doc Programs
- Alt Doc Programs
- Corporations OK
One Time Close Home Loans
Build Your Dream Home
Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan. Call today to see how a OTC loan works.
- Primary Residences Only
- One Time Close
- Lock Rate at Closing
- Traditional Final Mortgages
- No Payments During Construction
Refinance Mortgage loans
Rate & Term Refinance
Refinancing can be a hard decision and the payback can sometimes be confusing. Call today and let our Loan Officers walk you through the process.
- Lower Monthly Payment
- Shorten Mortgage Term
- Streamline Options Available
- Appraisal Waivers Allowed
- VA IRRRL’s
Cashout Mortgage Loans
Equity Mortgage Loans
Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.
- Debt Consolidation
- Investment Opportunities
- Home Improvement
- Dream Vacation
- Higher Education
