- Minimum of $1,000,000 in post closed liquidity (PCL) (adjusted assets available after closing in reserves)
- Minimum 700 middle credit score from all borrowers required.
- Qualifies using 2 times all US Debt available in post closed liquidity
- Only assets held personally are eligible
- 80% of retirement accounts if 59 1/2 or older
- 60% of retirement accounts if less than 59 1/2
- 100% of checking/savings/brokerage/time deposits/cash value life insurance
- Primary Residence
Percent Down Loan Amounts up to 20% $2,000,000 25% $3,000,000
- Secondary Residence
Percent Down Loan Amounts up to 25% $2,000,000 35% $3,000,000
- Greater loan amounts available case by case
- 3/6, 5/6, 7/6, 10/6 ARMs available
Disclaimer: The postings on this site do not represent these banks' positions, strategies, or opinions. Programs are available only to qualified borrowers. Subject to credit approval, underwriting approval, and lender terms and conditions. Loan programs are subject to change without notice. Restrictions may apply.