Signature Asset Qualifier Loan

 

In this informative post, Jeff McGinnis, a 20 +-year veteran of CrossCountry Mortgage, introduces you to the Signature Program Asset Qualifier Loan. If you're a high-net-worth individual with significant assets but a lower monthly income, this loan program could be perfect for you.

Jeff explains how the Asset Qualifier Loan works and the benefits it offers, such as flexible income and asset requirements and competitive interest rates. He also shares some examples of clients who have successfully used this loan to purchase their dream homes. With Jeff's expertise and guidance, you'll gain a deeper understanding of the Signature Program Asset Qualifier Loan and how it can help you achieve your homeownership goals:

In today's post, I want to talk about a loan program that can be a game-changer for clients of my Realtor and Financial Planner friends or those of you who have substantial assets but irregular income. The loan program I'm referring to is the CrossCountry Mortgage Signature Asset Qualifier loan.

With this loan program, you can qualify based on the assets you have in savings, stocks, bonds, or mutual funds. This means that your income is not the only factor that determines your eligibility. This is great news for those who have irregular income or are self-employed.

What's even better is that credit scores down to 620 are accepted, and loan amounts of up to $3,000,000 are available. This means that you can buy the home of your dreams without worrying about your credit score or the amount you need to borrow.

For primary residences, a down payment of only 15% is required, while for second homes and investment properties, a down payment of 20% is required. This makes the loan program accessible to a wider range of buyers.

I'm excited about the CrossCountry Mortgage Signature Asset Qualifier loan because it offers a flexible and innovative way to qualify for a mortgage. It's especially helpful for those of you who have significant assets but irregular income.

If you're interested in this loan program or have any questions, please don't hesitate to reach out to me. I'm Jeff McGinnis, a loan officer at CrossCountry Mortgage, and I'm here to help you and your clients achieve your homeownership goals. Thanks for reading/watching, and I'll see you in the next post!

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