NEW! Asset Utilization Loan

Program Highlights

Up to 80% LTV - Purchase OR Up to 75% Cash-Out Refinance

• Assets seasoned for a minimum of 3 months

• Minimum FICO 600

• Owner-Occupied; 2nd home or investment

• Qualify with Just Assets OR Supplement One or Two Year Full Documents, Bank Statements, VOE or 1099

  Liquid assets can be:

  • Cash on hand Savings and Checking

  • Stocks, bonds, mutual funds

  • Vested amount of retirement and money market accounts

How to Calculate Asset Utilization:

• The qualified assets to be used are divided by 60 months.

• Ex. $300,000 in qualified assets = $5,000 additional monthly income

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CONTACT

Alex Contant, Branch Manager NMLS ID: NMLS 728777

​Primary Residential Mortgage, Inc | ​30 The Green DOVER DE 19901

​Mobile: (302) 242-7522 | ​Direct: (302) 266-2348 | ​acontant@primeres.com​