Unlock the Potential of Your Assets with Asset Utilization Loans

In today’s diverse financial landscape, Asset Utilization Loans offer a unique pathway to securing the financing you need by leveraging your existing assets. Whether you’re a U.S. citizen, permanent resident, or non-permanent resident, this loan program could be the key to achieving your financial goals, especially if you have a strong asset base but irregular income streams.

What Are Asset Utilization Loans?

Asset Utilization Loans allow borrowers to use their liquid and semi-liquid assets as a basis for income qualification. Instead of relying solely on traditional income documentation like pay stubs or tax returns, these loans consider the value of your assets. This makes them ideal for individuals with substantial assets but non-traditional income, such as retirees, self-employed professionals, and investors.

Key Features and Benefits

• Eligibility: Available to U.S. citizens, permanent residents, and non-permanent residents.

• Flexible Qualification: Minimum FICO score of 599, accommodating a broader range of borrowers.

• High Loan-to-Value Ratio: Up to 80% CLTV (Combined Loan-to-Value), enabling significant borrowing power.

• Diverse Asset Inclusion: Assets like savings, checking accounts, securities, and retirement accounts can be used for income calculation.

• Income Calculation Method: All eligible assets are divided by 60 to determine qualifying income, providing a straightforward and transparent process.

How It Works

1. Asset Verification: Provide statements for your savings, checking, securities, and retirement accounts. These assets must be sourced and seasoned for at least 60 days.

2. Income Calculation: The total value of your assets is divided by 60. For example, if you have $600,000 in eligible assets, your qualifying income would be calculated as $10,000 per month.

3. Loan Application: With the calculated income, proceed with the loan application as you would with a traditional mortgage, but with the advantage of your assets bolstering your qualifying criteria.

Who Can Benefit?

Asset Utilization Loans are perfect for those who have built substantial asset portfolios but may not have consistent, traditional income. This includes:

• Retirees: Individuals who rely on retirement savings and investments rather than a regular paycheck.

• Self-Employed Professionals: Entrepreneurs and freelancers with irregular income streams.

• Investors: Those with significant investments in stocks, bonds, or real estate.

Example Scenario

Consider a retiree with a substantial portfolio of $1.2 million in savings, investments, and retirement accounts. By using the Asset Utilization Loan program, this individual can qualify for a loan based on their asset base rather than traditional income documentation. This flexibility opens doors to new financial opportunities, such as purchasing a second home, investing in property, or consolidating debt.

Why Choose Asset Utilization Loans?

• Enhanced Borrowing Power: Utilize your assets to their fullest potential, enabling access to higher loan amounts.

• Flexibility: Ideal for borrowers with non-traditional income sources.

• Accessibility: Lower credit score requirements make these loans more accessible to a wider range of borrowers.

Get Started Today

Unlock the potential of your assets with an Asset Utilization Loan and take a step towards achieving your financial aspirations. Contact us at 602-628-1231 or info@allapprovedhere.com to learn more about how this innovative loan program can work for you.

By leveraging your assets, Asset Utilization Loans provide a flexible and powerful tool for securing the financing you need, regardless of your income structure. Explore the possibilities today and take control of your financial future.