Asset-Based Loan: Hawaii or California
No employment or income needed.
Asset-based lending just got a whole lot easier. Qualify with your liquid assets – in addition, 100% of the equity from your Real Estate Owned (REO) will be added to your total assets (when applicable).
- Available in Hawaii and California
- Primary Residence, Second Home, or Investment property
- Qualify based on verified liquid assets, including equity from current REO
- Qualify with liquid assets + verified income (alternatively)
- Minimum FICO = 640
- Purchases: minimum 20% down
- Minimum loan amount: $300,000
- JUMBO loan amounts up to $5,000,000
- Employment and income not required
Eligible Property Types
- Single Family Homes
- Site Condos (Hawaii CPR properties)
- Airbnb, VRBO, etc.
- 5/1 ARM – interest only available
- 7/1 ARM
- 10/1 ARM
- 15-year Fixed
- 30-year Fixed
*These products may have a higher interest rate, more points or more fees than other products requiring documentation.