Loan Features:
- Min FICO 680
- Loan amount up to 3M
- Max cash out $1.5M
- Income qualification based on verified liquid assets
- 15 & 30 year fixed; 5/1, 7/1, 10/1 ARMS
- Employment and Income are not required to be disclosed on the 1003
- Full asset documentation required for funds to close, reserves and qualifying asset requirements
- Assets can be cash in the bank, stocks, bonds, IRAs, 401ks, mutual funds or retirement accounts
- Asset levels in the verified accounts are expected to be consistent and sustained